U/s. 35AC, IT ACT, 1961 - Eligible Projects Or Schemes, Expenditure On –Sri Chaitanya Seva Trust, Maharashtra - 85/2015 - Income Tax

NOTIFICATION NO. 85/2015 DATED 11-2-2015 S.O. 455(E) - Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 2302(E) dated 3.10.2011 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 7, ''Bhaktivedanta Hospital-community Health Services by Sri Chaitanya Seva Trust, Bhativedanta Hospital Srishti Complex, Bhaktivedanta Swami Marg, Mira Road, (E), District Thane - 401 107 Maharashtra , as an eligible project or scheme, at the estimated cost of ₹ 3865.36 lakh, for a period of three years ending with financial year 2013-14. and which was further extended vide notification number S.O. 1976(E) dated 31st July, 2014 for a period of three years ending with financial year 2016-17; And whereas the project is likely to be amended as extending the scope of work as (i) Promoting positive/preventive health including cardiac care, urology and by creation and setting up of community health centres in remote areas in the course of village adoption in Thane district and adjoining areas to supplement the development programmes of the Government like IRDP, in tribal and rural areas, including rural empowerment activities like water conservation, organic fanning, alternative energy, soil biotechnology, etc., thus aimed at considerable health improvement amongst the locals (ii) Capital Expenditure of ₹ 2000 lakh including capital cost of construction, infrastructure, equipment, etc., for the various community healthcare initiatives of the Trust ; 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 amending the project by extending the scope of work as (i) Promoting positive/preventive health including cardiac care, urology and by creation and setting up of community health centres in remote areas in the course of village adoption in Thane district and adjoining areas to supplement the development programmes of the Government like IRDP, in tribal and rural areas, including rural empowerment activities like water conservation, organic farming, alternative energy, soil biotechnology, etc., thus aimed at considerable health improvement amongst the locals (ii) Capital Expenditure of ₹ 2000 lakh including capital cost of construction, infrastructure, equipment, etc., for the various community healthcare initiatives of the Trust ; 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 amending the project by extending the scope of work as ''(i) Promoting positive/preventive health including cardiac care, urology and by creation and setting up of community health centres in remote areas in the course of village adoption in Thane district and adjoining areas to supplement the development programmes of the Government like IRDP, in tribal and rural areas, including rural empowerment activities like water conservation, organic farming, alternative energy, soil biotechnology, etc., thus aimed at considerable health improvement amongst the locals (ii) Capital Expenditure of ₹ 2000 lakh including capital cost of construction, infrastructure, equipment, etc., for the various community healthcare initiatives of the Trust ;. 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 amend and notifies the scheme or project ''Bhaktivedanta Hospital-community Health Services by extending the scope of work as (i) Promoting positive/preventive health including cardiac care, urology and by creation and setting up of community health centres in remote areas in the course of village adoption in Thane district and adjoining areas to supplement the development programmes of the Government like IRDP, in tribal and rural areas, including rural empowerment activities like water conservation, organic farming, alternative energy, soil biotechnology, etc., thus aimed at considerable health improvement amongst the locals (ii) Capital Expenditure of ₹ 2000 lakh including capital cost of construction, infrastructure, equipment, etc., for the various community healthcare initiatives of the Trust , which is being carried out by Sri Chaitanya Seva Trust, Bhativedanta Hospital Srishti Complex, Bhaktivedanta Swami Marg, Mira Road, (E), District Thane - 401 107 Maharashtra , without any change in the approved cost of ₹ 3865.36 lakh. [F.NO.V.27015/3/2014-SO(NAT.COM)]