Notification u/s 35AC - Notifies the scheme or project "Running of hostel, medical, self-employment projects by Dr. Ambedkar Vanvasi Kalyan Trust" which is being carried out by Dr. Ambedkar Vanvasi Kalyan Trust, Gujarat - 104/2012 - Income Tax

NOTIFICATION NO. 104/2012 DATED 12-3-2013 S.O. 634(E) - Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O.1237(E) dated the 28th October, 2003, issued under 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 had notified at serial number 5, "Running of hostel, medical, self-employment projects by Dr. Ambedkar Vanvasi Kalyan Trust" by Dr. Ambedkar Vanvasi Kalyan Trust, Near Choksi Vadi, Opp. Radha Krishna Temple, Rander Road, Surat, Gujarat - 395009, as an eligible project or scheme for a period of three years beginning with assessment year 2004-2005 and which was extended further vide notification number S.O.1160(E) dated the 16th July, 2007 for a period of three years beginning with financial year 2006-2007 and which was extended further vide notification number S.O. 1160 (E) dated 16th July, 2007 for a period of three years beginning with financial year 2009-10; And whereas the said project or scheme is likely to extend beyond nine years; And whereas the National Committee for Promotion of Social and Economic Welfare, being satisfied that the said project or scheme is being executed properly, made a further recommendation under sub-rule (5) of rule 11M of the Income-tax Rules, 1962 for extending the said project or scheme for a further period of three years; 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 the scheme or project "Running of hostel, medical, self-employment projects by Dr. Ambedkar Vanvasi Kalyan Trust" which is being carried out by Dr. Ambedkar Vanvasi Kalyan Trust, Near Choksi Vadi, Opp. Radha Krishna Temple, Rander Road, Surat, Gujarat - 395009, without any change in the approved cost of Rs. 275.00 lakh (corpus fund), as an eligible project or scheme for a further period of three years beginning with financial year 2012-13 i.e. 2012-13, 2013-14 2014-15. [F. NO. V- 27015/4/2012-SO(NAT.COM)]