Notification u/s 35AC - Notifies the scheme Project for free treatment for cancer patients at New Civil Hospital Campus, Asarwa, Ahmedabad-380 016, Gujarat - 62/2012 - Income Tax

Notification No. 62/2012 Dated : 14.05.2012 S.O. 1095 (E)- Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S. O. 850(E), dated 21st September, 2000, 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 1, Project for free treatment for cancer patients at New Civil Hospital Campus, Asarwa, Ahmedabad-380 016, Gujarat by the Gujarat Cancer Society, New Civil Hospital Campus, Asarwa, Ahmedabad-380 016, Gujarat, as an eligible project or scheme for a period of three years beginning with the assessment year 2001-02, which was extended further vide notification number S. O. 1249(E), dated 30th October, 2003, for a period of three years beginning with the assessment year 2004-05 which was extended further vide notification number S. O. 1840(E), dated 26th October, 2006, for a period of three years beginning with the financial year 2006-07 and which was extended further vide notification S. O. No. 2041(E), dated 6th August, 2009 , for a period of three years beginning with the financial year 2009-10 ; And whereas by notification number S. O. 1146(E), dated 16th July, 2007, the estimated cost was enhanced from ₹ 611.00 lakh to ₹ 860.00 lakh, vide notification S. O. No. 2041(E), dated 6th August, 2009 , the estimated cost was enhanced from 860.00 lakh to 1110 lakh. And whereas the said project or scheme is likely to extend beyond twelve 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 Project for free treatment for cancer patients at New Civil Hospital Campus, Asarwa, Ahmedabad-380 016, Gujarat , which is being carried out by The Gujarat Cancer Society, New Civil Hospital Campus, Asarwa, Ahmedabad-380 016, without any change in the approved cost of ₹ 1110.00 lakh, as an eligible project or scheme for a further period of three years beginning with the financial year 2012-13, i.e., 2012-13, 2013-14 and 2014-15. [F. No. V. 27015/2/2012-SO (NAT. COM.)]