Notification u/s 35AC - Notifies the scheme Swami Vivekananda Rural Development Society - 38/2012 - Income Tax

Notification No. 38/2012 Dated : 14.05.2012 S.O. 1071 (E)- Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 2907(E), dated 17th November, 2009 , 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 6, Rural Literacy and Health Programme (single teacher schools) by Swami Vivekananda Rural Development Society, 36, Ramanujam Street, T. Nagar, Chennai 600 017, as an eligible project or scheme for a period of three years beginning with the financial year 2009-10; 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) , (a) hereby notifies the scheme or project Rural Literacy and Health Programme (single teacher schools) which is being carried out by Swami Vivekananda Rural Development Society, 36, Ramanujam Street, T. Nagar, Chennai 600017, without any change in the approved cost of ₹ 12.60 crore including a corpus fund of ₹ 3.60 crore, 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 and 2014-15. [F. No. V. 27015/2/2012-SO (NAT.COM)]