Notification u/s 35AC - Notifies the scheme or project "Him Jyoti School", which is being carried out by The Himalayan School Society, 15A, Amrit Kaur Road, Dehradun, Uttaranchal - 138/2012 - Income Tax

NOTIFICATION NO. 138/2012 DATED 12-3-2013 SO 667(E) - Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 1822(E), dated the 26th October, 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 7, "Him Jyoti School" by The Himalayan School Society, 15A Amrit Kaur Road, Dehradun, Uttaranchal - 248001, 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. 240(E), dated 21st January, 2009 for a period of three years beginning with financial year 2009-10; And whereas by notification number S.O. 240(E), dated 21st January, 2009 the estimated cost was enhanced from Rs. 4 Crore to Rs. 16.60 crore (including a corpus fund of Rs. 12.40 crore); And whereas the said project or scheme is likely to extend beyond six years; And, whereas, the National Committee for the 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) - (a) hereby notifies the scheme or project "Him Jyoti School", which is being carried out by The Himalayan School Society, 15A, Amrit Kaur Road, Dehradun, Uttaranchal - 248 001, without any change in the approved cost of Rs. 16.40 crore including a corpus fund of Rs. 12.40 crore, as an eligible project or scheme for a further period of three years beginning with financial years 2012-13 i.e. 2012-13, 2013-14 2014-15. [F.NO. V- 27015/4/2012-SO(NAT.COM)]