Notification u/s 35AC: Notifies the scheme or project “Construction, equipments with all amenities of Vrudhashram and Eye Hospital at Sachina Sub-Panchayat, Village. Haripur, Taluk Viramgam District Ahmedabad, Gujarat” which is being carried out by Shri Hari Public Charitable Trust, 5/A, Krishna Society, Near Law Garden, Ellisbridge, Ahmedabad - 128/2012 - Income Tax

Notification No. 128/2012 Dated : 12-03-2013 S.O. 657(E) : Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S. O. 469(E), dated 2nd July, 1996, 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, Construction, equipments with all amenities of Vrudhashram and Eye Hospital at Sachina Sub-Panchayat, Village Haripur, Taluk Viramgam District Ahmedabad, Gujarat by Shri Hari Public Charitable Trust, 5/A, Krishna Society, Near Law Garden, Ellisbridge, Ahmedabad-6, as an eligible project or-scheme for a period of three years beginning with the assessment year 1997-98, which was extended further vide notification number S. O. 1145(E), dated 18th November 1999 or a period of three years beginning with the assessment year 2000-01, which was extended further vide notification number S. O. 1131(E), dated 29th September, 2003 a period of three years beginning with the assessment year 2003-04, which was extended further vide notification number S. O. 1839(E), dated 26th October, 2006 for a period of two years beginning with the financial year 2006-07 and which was extended further vide notification number S. O. 2909(E), dated 17th November, 2009 , for a period of three years beginning with the financial year 2008-09 ; And whereas the said project or scheme is likely to extend beyond fourteen 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 specifying 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 Construction, equipments with all amenities of Vrudhashram and Eye Hospital at Sachina Sub-Panchayat, Village. Haripur, Taluk Viramgam District Ahmedabad, Gujarat which is being carried out by Shri Hari Public Charitable Trust, 5/A, Krishna Society, Near Law Garden, Ellisbridge, Ahmedabad-6, without any change in the approved cost of Rs. 87.52 lakh, as an eligible project or scheme for a further period of three years beginning with financial year 2011-12, i.e., 2011-12, 2012-13 and 2013-14, but with a direction that as the financial year 2011-12 has already lapsed, no certificate under section 35AC shall be issued for the financial year 2011-12. [F. No. V-27015/4/2012-SO (NAT.COM)]