Notification u/s 35AC - Notifies the scheme or project "Balgram SOS Children's Villages" which is being carried out by Balgram SOS Children's Villages, Arjun Building, Koregaon Road, Pune - 113/2012 - Income Tax

NOTIFICATION NO. 113/2012 DATED 12-3-2013 S.O. 642(E) - Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue)number S.O. 998(E) dated the 5th July, 2006 , 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 1, "Balgram SOS Children's Villages" by Balgram SOS Children's Villages, Arjun Building, Koregaon Road, Pune - 411001, as an eligible project or scheme for a period of three years beginning with financial year 2006-2007 and which was extended further vide notification number S.O. 854(E) dated 25th March, 2009 for a period of three year beginning with financial year 2009-10; And whereas the said project or scheme is likely to extend beyond six 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 "Balgram SOS Children's Villages" which is being carried out by Balgram SOS Children's Villages, Arjun Building, Koregaon Road, Pune - 411001, without any change in the approved cost of Rs. 2.00 crore, 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)]