U/s. 35AC, IT ACT, 1961 - Eligible Projects Or Schemes, Expenditure On – Subhag Mahila Utkarsh Trust, Gujarat - 115/2015 - Income Tax

NOTIFICATION NO. 115/2015 DATED 11-2-2015 S.O. 485(E) - Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 1370(E) dated 14th June, 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 1, Recurring cost of short stay home and help line for distressed and destitute women, vocational training for unemployed women by Subhag Mahila Utkarsh Trust, Plot No.2234-F, Fulwadi, Hill Drive, Bhavnagar 364 002 -Gujarat , as an eligible project or scheme, at the estimated cost of ₹ 2.58 crore including a corpus fund of ₹ 25 lakh, for a period of three years ending with financial year 2013-14; And whereas the said project or scheme is likely to extend beyond 3 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 extending 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 Recurring cost of short stay home and help line for distressed and destitute women, vocational training for unemployed women being carried out by Subhag Mahila Utkarsh Trust, Plot No.2234-F, Fulwadi, Hill Drive, Bhavnagar 364 002 -Gujarat , without any change in the approved cost of ₹ 2.58 crore including a corpus fund of ₹ 25 lakh, 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)]