Home Notifications 1999 Income Tax Income Tax - 1999 Section 035AC This
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Eligible projects or scheme, expenditure on - Notified eligible projects or schemes - S.O. 739(E) - Income TaxExtract NOTIFICATION NO. 11059 DATED 10-9-1999 S.O. 739(E) - In exercise of the powers conferred by sub-clause (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, hereby approves the institutions mentioned in column (2) of the table below, and specifies the eligible projects or schemes and the estimated cost thereof as mentioned in column (3) of the said Table, and also specifies in the column (4) of the said Table, the maximum amount of such cost which may be allowed as deduction under said section 35AC, namely: Table Serial number Name of the Institutions Project or scheme and estimated cost thereof Maximum amount of cost to be allowed as deduction under section 35AC (1) (2) (3) (4) 1. Society for the Rehabilitation of Paraplegics, Plot No. 52, Sector - 9A, Vashi,NaviMumbai-400703, Maharashtra. Construction of building, furnishing, purchase of equipments of SHARAN, Phase-III, for providing Computer education for handicapped and Home foraged/disabled. ₹ 700.00 lakhs 2. Mobility India, C/o AOP Campus, Hennur Road, St. Thomas Town, P.O.Bangalore-560084, Karnataka. Construction of a building for Research and Training Centre/Office with facilities of a library, work- shop, dormitories, purchase of equipments and running of activities of Mobility India at Bangalore, Karnataka. ₹ 169.90 lakhs 3. Gram Vikas Kalyan Sansthan, Village - Nagla Akkha, P.O. Sonkh, Distt. Mathura, Uttar Pradesh-281123. Integrated Rural Development at Village - Nagla Akkha, P.O. Sonkh, District Mathura, Uttar Pradesh. ₹ 32.57 lakhs 4. Sushruta Cancer Therapy and Research Institute, Saraswathi nagar, Karimnagar-505001, Andhra Pradesh. Construction of building and purchase of equipments for Surgical Oncology Wing at Saraswathinagar, Karimnagar, North Telanga, Andhra Pradesh. ₹ 66.00 lakhs 5. The Rajajinagar Parents Association, CA-2, Vth Block, Rajajinagar, Bangalore-560010. Construction of building for Junior and Degree College, purchase of equipments at Plot No. 2 Vth Block, Rajajinagar, Bangalore. ₹ 150.00 lakhs 6. Kum. Rajshree Parmar Memorial Foundation, Mamta , 289, Timber Market Road, Mahatma Phule Peth, Pune -411042. Road Safety Project at Pune, Maharashtra ₹ 30.00 lakhs 7. Bhagwan Mahaveer Viklang Sahayata Samiti, Sawai Man Singh Hospital Camps, Jaipur-302004,Rajasthan. Provision of artificial limbs and others rehabilitation aids to amputees, polio-affected disabled persons, hard of hearing, medicines and special shoes to persons suffering from leprosy, various types of financial aids and other support for self-employment and rehabilitation of handicapped persons at Jaipur, Rajasthan. 3 [ ₹ 35.45 crore ] 8. The Angles Educational Trust, 267, Sulochana Sheti Marg, Sion (W), Mumbai-400022. Construction of building, purchase of fixtures/ equipments, furnishing of school. ₹ 304.71 lakhs 9. Shri Kandivli Hitvardhak Mandal, S.V. Road/S.M. Road Corner, Kandivli (West), Mumbai-400067. Construction/repair/upgradation of building, purchase of equipment, furnishing and running of hospital ₹ 300.00 lakhs (including a corpus fund of 100.00 lakhs) 2. This notification shall remain in force for a period of three years in relation to assessment years 1999-2000, 2000-2001 and 2001-2002 in respect of project or scheme mentioned at serial number 9 and three years in relation to assessment years 2000-2001, 2001-2002 and 2002-2003 in respect of projects or schemes mentioned at serial numbers 1, 2, 3, 4, 5, 6, 7 and 8 of the said table. [F. No. NC-91/99] ********** Notes 1. Substituted vide NOTIFICATION S.O.250 (E) dated 21-01-2009 before it was read as ₹ 650.00 lakhs 2. Substituted vide NOTIFICATION NO. 78/2011[F.NO. V-27015/2/2011-SO (NAT.COM)]/S.O. 1398(E), DATED 14-6-2011 before it was read as 1 [ ₹ 11.50 crore ] 3. Substituted vide NOTIFICATION NO. 30/2015 DATED 6-1-2015 before it was read as 2 [ ₹ 23.00 crore ]
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