Exemption Under Section 35AC(1 )-Running and Maintenance of Sri Sathya Sai Institute of Higher Medical Sciences at Prasanthigram (Andhra Pradesh) and at Whitefield, Bangalore (Karnataka),Running and Maintenance of Sri Sathya Sai Mobile Hospital,Building a corpus fund for the Trust by Sri Sathya Sa

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..... - Section 035AC - Notifications - IT - Section 35AC(1)-"( i ) Running and Maintenance of Sri Sathya Sai Institute of Higher Medical Sciences at Prasanthigram (Andhra Pradesh) and at Whitefield, Bangalore (Karnataka), ( ii ) Running and Maintenance of Sri Sathya Sai Mobile Hospital, ( iii ) Building a corpus fund for the Trust" by Sri Sathya Sai Medical Trust, Brindavan, Kadugodi Post, Bangalore .....

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..... n eligible project or scheme for a period of three years beginning with the financial year 2007-08 and which was further extended vide Notification No. S.O. 1148(E) dated 17th May 2010, for a period of three years beginning with the financial year 2010-11, i.e. , 2010-11, 2011-12 and 2012-13; AND WHEREAS the said project or scheme is likely to extend beyond three years; AND WHEREAS the Nati .....

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..... d allocation of Rs. 93.2 crores towards running and maintenance expense and Rs. 100 crores towards corpus fund. NOW, THEREFORE, the Central Government, in exercise of the powers conferred by sub-section (1) read with clause ( b ) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby notifies that the scheme or project "( i ) Running and Maintenance of Sri Sathya S .....

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