Notification u/s 35AC - Specifies the scheme or project "Expansion of the existing Dr. Bidhan Chandra Roy Hospital", which is being carried out by "Indian Centre for Advancement of Research and Education, Village Banbishnupur, P.O Balguhatta, Hatdia, district Purba, Medinipur, West Bengal 721645" - 71/2013 - S.O. 3189(E) - Income Tax

NOTIFICATION NO. 71/2013 DATED 17-10-2013 S.O. 3189(E) - Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. No. 3021(E) dated 23rd December, 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 27, "Expansion of the existing Dr. Bidhan Chandra Roy Hospital" by "Indian Centre for Advancement of Research and Education, Village Banbishnupur P.O Balguhatta, Haldia, district Purba, Medinipur, West Bengal 721645", as an eligible project or scheme at the estimated cost of Rs. 38.30 crore including corpus fund of Rs. 10 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 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 "Expansion of the existing Dr. Bidhan Chandra Roy Hospital", which is being carried out by "Indian Centre for Advancement of Research and Education, Village Banbishnupur, P.O Balguhatta, Hatdia, district Purba, Medinipur, West Bengal 721645", without any change in the approved cost of Rs. 38.30 crore including corpus fund of Rs. 10 crore, 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)]