U/s. 35AC, IT ACT, 1961 - Eligible Projects Or Schemes, Expenditure On – India Education Trust, Jaipur - 104/2013 - Income Tax

NOTIFICATION NO. 104/2013 DATED 27-12-2013 S.O. 3855(E) - WHEREAS by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 2907 (E) dated 17th November, 2009, issued under sub-section (1) read with 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 19, Mahatma Gandhi Hospital-Cardiac Hospital (200 bedded hospital) by India Education Trust, Mahatma Gandhi Hospital- India Education Trust, 12-14, RIICO Institutional Area, Sitapura, Tonk Road, Jaipur-302022, Rajasthan, as an eligible project or scheme for a period of three years beginning with financial year 2009-10; and which was extended further vide notification number S.O. 2418 (E) dated 09.10.2012 for a period of one year ending with financial year 2012-13; AND WHEREAS the said project or scheme is likely to extend beyond four 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 Mahatma Gandhi Hospital-Cardiac Hospital (200 bedded hospital) which is being carried out by India Education Trust, Mahatma Gandhi Hospital- India Education Trust, 12-14, RIICO Institutional Area, Sitapura, Tonk Road, Jaipur -302022, Rajasthan, without any change in the approved cost of ₹ 37.00 crore, as an eligible project or scheme for a further period of three years commencing with the financial year 2013-14 i.e., 2013-14, 2014-15 and 2015-16. [F.NO.27015/3/2013-SO (NAT.COM)]