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U/s. 35AC, IT ACT, 1961 - Eligible Projects Or Schemes, Expenditure On –Disha Charitable Trust, Gujarat - 40/2014 - Income TaxExtract NOTIFICATION NO. 40/2014 DATED 31-7-2014 S.O. 1963(E) - Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 2370(E) dated 3.10.2008 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, (a) Disha Special School and Therapy Centre, (b) Disha Autism Centre, (c) Community based rehabilitation programme by Disha Charitable Trust, 319, Race Course Towers, Gotri Road, Vadodara 390007- Gujarat , as an eligible project or scheme, at the estimated cost of ₹ 1.24 crore, for a period of three years ending with financial year 2010-11, which was further extended vide Notification number 1385 (E) dated 14.6.2011 for a further period of three years ending with financial year 2013-14; And whereas the said project or scheme is likely to extend beyond 6 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 (a) Disha Special School and Therapy Centre, (b) Disha Autism Centre, (c) Community based rehabilitation programme , which is being carried out by Disha Charitable Trust, 319, Race Course Towers, Gotri Road, Vadodara 390007-Gujarat , without any change in the approved cost of ₹ 1.24 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.27015/1/2014-SO(NAT.COM)]
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