U/s. 35AC, IT ACT, 1961 - Eligible Projects or Schemes, Expenditure On - VEERAYATAN & SHRI SHIV SHAKTI DHAM EDUCATION AND CHARITABLE TRUST - 74/2013 - Income Tax

S.O. 3825(E) - 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) , the Central Government, on the recommendations of the National Committee for Promotion of Social and Economic Welfare, hereby notifies the institutions approved by the said National Committee, mentioned in column (2) of the Table below, and approves the eligible projects or schemes specified to be carried on by the said institutions and the estimated cost thereof as mentioned in column (3) of the said fable, and also specifies in the column (4) of the Table the maximum amount of such cost which may be allowed as deduction under the said Section 35AC for the period of approval, namely:- TABLE Serial Number Name of the Institution Project or scheme and estimated cost thereof Maximum amount of cost to be allowed as deduction under section 35AC (1) (2) (3) (4) 1. Veerayatan, Jakhania, Bhuj Mandvi Road. Post Talwana. Taluka : Mandvi, Kutch (Gujarat) - 370 460. Running of Primary School at Village Rudrani, Tal. Bhuj, Kutch, Gujarat. (Rs.7.00 crore including a corpus fund of Rs.6 crore) Rs.7.00 crore for three financial years commencing with 2013-14. i.e. 2013-14. 2014-15 2015-16. 2. Shri Shiv Shakti Dham Education Charitable Trust, At Post: Chapaldhara TA: Vansada. Distt: Navsari, South Gujarat - 396570 Totally free Educational Programme, Hostel and Educational Expenses for SC/ST Adivasi Girls students and Welfare programmes for SC/ST, Adivasi OBC ladies/persons. (Rs. 3.96 crore including a corpus fund of Rs. 25 lakh) Rs. 3.96 crore for three financial years commencing with 2013-14. i.e. 2013-14. 2014-15 2015-16. II. This Notification shall remain in force for a period of three years in relation to financial years 2013-14. 2014-15 2015-16 in respect of the projects or schemes mentioned at serial Numbers 1 to 2 of the Table above. F. NO. V-27015/3/2013-SO-(NAT.COM)