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 Rs. 611.00 lakh to Rs. 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 Rs. 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.)]