Notification u/s 35AC - Specifies the scheme or project "Vocational Training Programme", which is being carried out by "Akhil Maharashtra Education Society, 203, Swagat Residency, Kumbare Township, Near Guruganesh Nagar, Kothrud, Pune -110038" - 69/2013 - S.O. 3187(E) - Income Tax

NOTIFICATION NO. 69/2013 DATED 17-10-2013 S.O. 3187(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 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 9, "Vocational Training Programme" by "Akhil Maharashtra Education Society, 203, Swagat Residency, Kumbare Township, Near Guruganesh Nagar, Kothrud, Pune -110038", as an eligible project or scheme at the estimated cost of Rs. 1.24 crore, for a period of two years, ending with financial year 2011-12. And whereas the said project or scheme is likely to extend beyond two 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 "Vocational Training Programme", which is being carried out by "Akhil Maharashtra Education Society, 203, Swagat Residency, Kumbare Township, Near Guruganesh Nagar, Kothrud, Pune -110038", 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 2012-13 i.e. 2012-13, 2013-14 2014-15,but with the direction that as the financial year 2012-13 has already elapsed, no certificate under section 35AC of the IT Act, 1961 shall be issued for the said financial year 2012-13. [F.NO.V-27015/2/2013-SO (NAT.COM)]