Notification u/s 35AC - Specifies the scheme or project for "Vedanta Computer Education Project (All India)" which is being carried out by "Vedanta Foundation, Opposite Niranjan Building, Corner of 'E' Road, Marine Drive, Mumbai-400 002" - 58/2013 - S.O. 3176(E) - Income Tax

NOTIFICATION NO. 58/2013 DATED 17-10-2013 S.O. 3176(E) - Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue), number S.O. 1052(E), dated 11th May, 2010 , 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 specified at serial number 19, for "Vedanta Computer Education Project (All India)" by "Vedanta Foundation, Opposite Niranjan Building, Corner of 'E' Road, Marine Drive, Mumbai - 400 002", as an eligible project or scheme at the cost of Rs. 31.36 crore, for a period of three years ending with financial year 2012-13. And whereas the said project or scheme is likely to extend beyond three 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 specifies the scheme or project for "Vedanta Computer Education Project (All India)" which is being carried out by "Vedanta Foundation, Opposite Niranjan Building, Corner of 'E' Road, Marine Drive, Mumbai-400 002", without any change in the approved cost of Rs. 31.36 crore, as an eligible project or scheme for a further period of three years beginning with financial year 2013-14, i.e. 2013-14, 2014-15 2015-16. [F.NO.V-27015/2/2013-SO (NAT.COM)]