Notification u/s 35AC - Specifies the scheme or project "Running projects for the welfare of visually impaired", which is being carried out by "National Association for the Blind, Central Green, K.C Road, NIT, Faridabad-121001" - 68/2013 - S.O. 3186(E) - Income Tax

NOTIFICATION NO. 68/2013 DATED 17-10-2013 S.O. 3186(E) - Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. No. 2349(E), dated 28th September, 2010 , issued under 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, "Running projects for the welfare of visually impaired" by "National Association for the Blind, Central Green, K.C Road, NIT, Faridabad-121001", as an eligible project or scheme for a period of three years at the estimated cost of Rs.300 lakh, 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 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 specifies the scheme or project "Running projects for the welfare of visually impaired", which is being carried out by "National Association for the Blind, Central Green, K.C Road, NIT, Faridabad-121001", without any change in the approved cost of Rs. 300 lakh, as an eligible project or scheme, for a further period of three years commencing with the financial year 2013-14 i.e. 2013-14, 2014-15 2015-16. [F.NO.V-27015/2/2013-SO (NAT.COM)]