Supreme Court of India · 2019-07-25
PRASHANTI MEDICAL SERVICES AND RESEARCH FOUNDATION vs UNION OF INDIA
- Citation / case number
- SC 2017/40105
- Court
- Supreme Court of India
- Petitioner
- PRASHANTI MEDICAL SERVICES AND RESEARCH FOUNDATION
- Respondent
- UNION OF INDIA
- Author
- HON'BLE MR. JUSTICE ABHAY MANOHAR SAPRE
- Bench
- HON'BLE MS. JUSTICE INDU MALHOTRA HON'BLE MR. JUSTICE ABHAY MANOHAR SAPRE
Judgment text excerpt
The Supreme Court upheld the dismissal of the appellant's petition by the Gujarat High Court regarding the approval of their hospital project under Section 35AC of the Income Tax Act, 1961. The court found that the appellant, a Charitable Trust, did not meet the necessary criteria for the approval sought, thus affirming the lower court's decision. The judgment reinforces the stringent requirements for tax deductions related to charitable projects under the Income Tax Act.