Notification u/s 35AC - Notifies the various institutions Approved by the National Committee. - 1/2014 - Income Tax

MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NOTIFICATION No. 1/2014 New Delhi, the 21 st July, 2014 S. O. 1872(E) - 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) , the Central Government, on the recommendations of the National Committee for Promotion of Social and Economic Welfare, hereby notifies the institutions approved by the said National Committee, mentioned in column (2) of the Table below, and approves the eligible projects or schemes specified to be carried on by the said institutions and the estimated cost thereof as mentioned in column (3) of the said Table, and also specifies in the column (4) of the Table the maximum amount of such cost which may be allowed as deduction under the said Section 35AC for the period of approval, namely:- TABLE Serial No. Name of the Institution Project or scheme and estimated cost thereof Maximum amount of cost to be allowed as deduction under Section 35AC and period of approval (1) (2) (3) (4) 1. Malabar Housing Charitable Trust, 41/2299D, 3rd Floor, Malabar Gate Ram Mohan Road, Puthiyara P.O. Calicut, Kerala - 676004 Project Housing ( 25.62 crore) 25.62 crore for three years commencing with financial year 2014-15, i.e., 2014-15, 2015-16 and 2016-17. 2. Molecular, Diagnostics, Counseling, Care and Research Centre, (MDCRC) M-86/5, 2nd Cross Street, Besant Nagar, Chennai - 600090 Tamil Nadu. Identification of Pediatric Neuromuscular Disorders - Duchene Muscular Dystrophy and Spinal Muscular Atrophy and improving the quality of life of the affected children through Multi-Disciplinary Care ( 3.95 crore) 3.95 crore for three years commencing with financial year 2014-15, i.e., 2014-15, 2015-16 and 2016-17. 3. The Kerala Social Development Society, Karivelikkal Complex, Kattappana South P.O., Idukki District, Kerala - 685515 Providing Free Vocational Training to Poor Persons at Kattappana in Idukki District in Kerala State ( 4.40 crore) 4.40 crore for three years commencing with financial year 2014-15, i.e., 2014-15, 2015-16 and 2016-17. 4. Ayush Aryogyawardhini Medical Research Trust, 9th Floor, A-Wing, Lokmat Building, Nagpur, Maharashtra Ayush Aryogyawardhini Medical Research, Diagnostics Centre Blood Bank ( 52.80 crore) 52.80 crore for three years commencing with financial year 2014-15, i.e., 2014-15, 2015-16 and 2016-17. 5. Kushal Education Trust, Jodhpur Medical College Hospital Khasra No. 107-110, Gram Narnadi, Tehsil Luni, Distt. Jodhpur (Rajasthan) Jodhpur Medical College Hospital ( 12.00 crore) 12.00 crore for three years commencing with financial year 2014-15, i.e., 2014-15, 2015-16 and 2016-17. 6. L.Y. Doulo Women Society, 6th Mile, Dimapur, Nagaland Agro - Horticulture Development Programme with Special Focus on Income Generating Programme for Tribal Youth, Farmers and Women ( 499.40 lakh) 499.40 lakh for three years commencing with financial year 2014-15, i.e., 2014-15, 2015-16 and 2016-17. 7. Vedanta Foundation, Opposite Niranjan Building, Corner of E Road, Marine Drive, Mumbai - 400002 Vedanta College - Kolkata ( 2526.74 lakh) 2526.74 lakh for three years commencing with financial year 2014-15, i.e., 2014-15, 2015-16 and 2016-17. 8. Jivan Jyot Drug Bank, G-3, Ganjawala Tower, 508, Sane Guruju Marg, Tardeo, Mumbai - 400034. Maintenance of present activities at higher level ( 18 crore) 18 crore for three years commencing with financial year 2014-15, i.e., 2014-15, 2015-16 and 2016-17. 9. Diocese of Tezpur, Bishop s House Tezpur - 784001 Assam. Part 1: Food and Boarding Facilities of School Children in 32 Parishes in Schools run by Diocese of Tezpur in six districts of Assam - Sonitpur, North Lakhimpur, Dhemaji, Darrang, Nagaon and Udalguri Distt. Part 2: Running of Vocational Education Training Programme in tailoring, embroidery, computer skill, vegetable gardening etc. in six districts of Assam. ( 13.70 crore) 13.70 crore for three years commencing with financial year 2014-15, i.e., 2014-15, 2015-16 and 2016-17. 10. Action For Autism, Pocket 7 8 Jasola Vihar, New Delhi - 110025 Village Gairatpurbas, Sohna, Distt. Gurgaon, Haryana ( 62.40 crore) 62.40 crore for three years commencing with financial year 2014-15, i.e., 2014-15, 2015-16 and 2016-17. 11. Asheray Welfare Charitable Society, 15-C, Friends Colony (W), New Delhi - 110065 Setting up of vocational Training Centre for Empowerment of Women ( 3.83 crore) 3.83 crore for three years commencing with financial year 2014-15, i.e., 2014-15, 2015-16 and 2016-17. 12. Zaveri Mangalji Vamalshi Dispensary, Palanpur, Baradpura, Palanpur Maharashtra Construction of Zaveri Mangalji Vamalshi Dispensary Shri L.L. Parikh Shri C.L. Parikh Hospital ( 21.57 crore (including corpus fund of 10.00 crore)) 21.57 crore (including corpus fund of 10.00 crore) for three years commencing with financial year 2014-15, i.e., 2014-15, 2015-16 and 2016-17. 13. Muthu Foundation, Door No. 687, 4th Floor, Trichy Road, Opp. Alvernia School, Ramanathapuram, Coimbatore, Tamil Nadu Healthcare of the Rural poor ( 10.00 crore) 10.00 crore for three years commencing with financial year 2014-15, i.e., 2014-15, 2015-16 and 2016-17. 14. Asian Society of Continuing Medical Education, Sharika Mansion No. 2 Lake Area First Street Nungambakkam, Chennai - 600034 - Tamil Nadu Asian Society of Continuing Medical Education ( 31.07 crore) 1 [ 67.49 crore ] for three years commencing with financial year 2014-15, i.e., 2014-15, 2015-16 and 2016-17. 15. Karnataka Chief Minister s Medical Relief Society, Directorate of Medical Education, Ananda Rao Circle, Bangalore - 560009 Fund for Treatment of below the poverty line/needy patients at Govt. Hospitals/super specialty hospitals ( 300 crore) 300 crore for three financial years commencing with financial year 2014-15, i.e., 2014-15, 2015-16 and 2016-17 16. Jan Kalyan Parishad, Moh. Nanbajaka, Ring Road (Near Comel School), Ambikapur, Distt. Surguja 497001 Chhattisgarh Non-Formal Education for out of School children and Rural Health Care Service Project ( 8.25 crore) 8.25 crore for three financial years commencing with financial year 2014-15, i.e., 2014-15, 2015-16 and 2016-17. 17. The New Delhi Holy Family Hospital Society, Holy Family Hospital, Okhla Road, New Delhi - 110025 Hospital Establishment and Rural Extension Services in the areas of Kanhai (Gurgaon), Bhondsi (Sohna) and Nuh (Mewat) Districts of Haryana ( 95.00 crore) 95.00 crore for three financial years commencing with financial year 2014-15, i.e., 2014-15, 2015-16 and 2016-17. II. This notification shall remain in force for a period of three years in relation to financial years 2014-15, 2015-16 2016-17 in respect of the projects or schemes mentioned at serial numbers 1 to 17 of the Table above. [F.NO.V.27015/1/2014-SO (NAT.COM)] ************ Notes 1. Substituted vide NOTIFICATION NO. 19/2016 dated 26-04-2016 before it was read as 31.07 crore