U/s. 35AC, IT ACT, 1961 - Eligible Projects Or Schemes, Expenditure On – Mahavir International, New Delhi - 03/2015 - Income Tax

NOTIFICATION NO. 03/2015 DATED 6-1-2015 SO 54(E) - Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 135(E) dated 03.02,2006 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 6, Doctor at Doorstep by Mahavir International, 6550, Main Qutab Road, Nabi Karim, New Delhi 110055 , as an eligible project or scheme, at the estimated cost of ₹ 2.40 crore for a period of three years i.e., 2005-06, 2006-07 2007-08; which was further extended vide S.O. No.237(E) dated 21.01.2009 for a period of three financial years commencing with 2008-09 i.e., 2008-09, 2009-10 2010-11; and which was further extended vide Notification number S.O. 870(E) dated 27.4.2011 for a period of three years ending with financial year 2013-14; And whereas vide Notification number S.O. 870(E) dated 27.4.2011 the project cost was enhanced from 'Rs.2.40 crore' to 'Rs.8.40 crore' by amending the notification number S.O. 135(E) dated 03.02.2006 ; And whereas the said project or scheme is likely to extend beyond 9 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 specifying 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 notifies the scheme or project Doctor at Doorstep , which is being carried out by Mahavir International, 6550, Main Qutab Road, Nabi Karim, New Delhi 110055 , without any change in the approved cost of ₹ 8.40 crore, for a further period of three years commencing with financial year 2014-15, i.e., 2014-15, 2015-16 and 2016-17. [F.NO.V.27015/3/2014-SO(NAT.COM)]