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Notified Eligible institutions ,Projects or Schemes along with estimated cost and maximum amount of available deduction u/s 35AC of Income Tax Act, 1961 - 124/2015 - Income TaxExtract NOTIFICATION NO. 124/2015 DATED 26-5-2015 S.O. 1411(E) - In exercise of the powers conferred by sub-section (I) read with clause (b) of the Explanation to section 35AC of the Income Tax Act, 1961 (43 of 1961), the Central Government, on the recommendation of the National Committee for Promotion of Social and Economic Welfare, hereby notifies the institutions approved by the said National Committee, mentioned in column (2) of the Table below, and approves the eligible projects or schemes specified to be carried on by the said institutions and the estimated cost thereof as mentioned in column (3) of the said Table, and also specifies in the column (4) of the Table the maximum amount of such cost which may be allowed as deduction under the said section 35AC for the period of approval, namely:- TABLE Serial No. Name of the Institution Project or scheme and estimated cost thereof Maximum amount of cost to be allowed as deduction under section 35AC and period of approval (1) (2) (3) (4) 1. Janaseva Foundation, Indulal Complex, Above Rupee Co-op Bank, Navi Peth, L.B.S Road, Pune 411030. Construction of : (i) Old age home at Ambi -Ranawadi (Panshet), Pune (ii) Extension of Tribal Women's hostel at Kataraj, Pune. ₹ 4.36 crore (includes operating expenses for three years only) The Committee recommended approval for the project at the estimated cost of ₹ 4.36 crore for three financial years commencing with financial year, 2015-16 i.e., 2015-16, 2016-17 and 2017-18. 2. Matoshree Sevadham Arogya Seva Trust Rajgarh Datar Colony, Beside Jankalyan Bank, Hanuman Mandir Road, Bhandup, East Mumbai -400042. 'Integrated Community Health Programmes, Medical Camps, and Eye Camps for poor people and students' ₹ 4.92 crore The Committee recommended approval for the project at the estimated cost of ₹ 4.92 crore for three financial years commencing with financial year, 2015-16 i.e., 2015-16, 2016-17 and 2017-18. 3. Mohun Bagan SAIL Football Academy, Tagore Guest House, Priyodarshini Indira Sarani, A-Zone, Durgapur - 713204, West Bengal Project Proposal for providing Salary of Coaches, Staff and Food expenses for 120 persons at Mohun Bagan SAIL Academy in Durgapur District, West Bengal ₹ 34.01 crore The Committee recommended approval for the project at the estimated cost of ₹ 34.01 crore for three financial years commencing with financial year, 2015-16 i.e., 2015-16,2016-17 and 2017-18. 4. Public Education Society, Professor Colony Road, Deopur, Dhule - 424 002, Maharashtra. Skill Development of Rural Youth (Below Poverty Line). ₹ 12.07 Crore. The Committee recommended approval for the project at the estimated cost of ₹ 12.07 crore for three financial years commencing with financial year, 2015-16 i.e., 2015-16, 2016-17 and 2017-18. 5. Sneha Sagar Society, Row House No. 1, Behind Tanvar Hospital mira Bhyander Road, Mira Road (E), Thane-401101-Maharashtra Re-development of Sneha Sagar Old Age Home. ₹ 3.24 Crore The Committee recommended approval for the project at the estimated cost of ₹ 3.24 crore for three financial years commencing with financial year, 2015-16 i.e., 2015-16, 2016-17 and 2017-18. 6. Udyogini, A-36, Gulmohar Park (2nd Floor) New Delhi- 110049 Empowering 30000 women to enhance their capacity and income through their capacity and income through gender-inclusive microenterprises and value chains' ₹ 45.91 crore The Committee recommended approval for the project at the estimated cost of ₹ 45.91 crore for three financial years commencing with financial year, 2015-16 i.e., 2015-16, 2016-17 and 2017-18. 7. Bal Raksha, Bharat 3rd Floor, Vardhaman Trade Centre, 9,10,11, Nehru Place, New Delhi-110019 Humanitarian response to emergencies in disaster prone areas ₹ 26 crore The Committee recommended approval for the project at the estimated cost of ₹ 26.00 crore for three financial years commencing with financial year, 2015-16 i.e., 2015-16, 2016-17 and 2017-18. 8. Prayas Sewa Sansthan 11-Gadri Kheda, Shahpua, District Bhilwara (Rajasthan) Pin-333104 Upgradation of Present Vocational Training Centers and New Centers with new courses specially for SC/ST/OBC/BPL category students [Rural Youth] and Women' ₹ 885 lakh The Committee recommended approval for the project at the estimated cost of ₹ 8.85 crores for three financial years commencing with financial year, 2015-16 i.e., 2015-16, 2016-17 and 2017-18. 9. Prachandeswar Seva Sansthan At- Seva Bhawan (Nadakhanda) PO -Abhyamukhi Ramchandrapur, Via- Beroboi District-Puri-752 016 Odisha Improvement in sanitation, public healther and hygiene of Bhubaneswar City of Khorda District ₹ 20.36 lakh The Committee recommended approval for the project at the estimated cost of ₹ 20.36 lakh for three financial years commencing with financial year, 2015-16 i.e., 2015-16, 2016-17 and 2017-18. 10. Saririk Pratibanadhi Unnayan Samiti 5, Indian Type |Hostel, Tagore Avenue, Durgapur - 713204 Distt. Burdwan, West Bengal Supply of free mobility aids project to rural persons with disability' ₹ 1.42 crore The Committee recommended approval for the project at the estimated cost of ₹ 1.42 crore for three financial years commencing with financial year, 2015-16 i.e., 2015-16, 2016-17 and 2017-18. 11. Maa Santoshi Mahila Utthan Samiti C/o Dr. Khare Clinic, Mohalla Sabnigar Ward No. 20, Chhatarpur 41001 (M.P.) 471001 (M.P.) Rural Health Programme in Distt. Chhatarpur ₹ 81.00 lakh The Committee recommended approval for the project at the estimated cost of ₹ 81.00 lakh for three financial years commencing with financial year, 2015-16 i.e., 2015-16, 2016-17 and 2017-18. 12. Sanjivani Health and Relief Committee, Hari-om Flats, Near Chandranagar, Narayannagar Road, Paldi, Ahmedabad-380 007 (i) Sanjivani Health Care Diagnostic Center (ii) Sanjivani Vidyavihar ₹ 8.07 crore The Committee recommended approval for the project at the estimated cost of ₹ 8.07 crore for three financial years commencing with financial year, 2015-16 i.e., 2015-16, 2016-17 and 2017-18. 13. Rotary Club of Banjara Hills Charitable Trust Plot No. 72, Nagarjuna Hills, Panjagutta, Hyderabad - 500082 Sparsh Hospice' ₹ 574.19 lakh The Committee recommended approval for the project at the estimated cost of ₹ 574.19 lakh for three financial years commencing with financial year, 2015-16 i.e., 2015-16, 2016-17 and 2017-18. 14. Reliable Hospital Research and Institute of Science Near Handia Chowkadi, Sevalia Road, Balasinor, Kheda- 388255 -Gujarat Reliable Hospital Research and Institute of Science ₹ 792.66 lakh The Committee recommended approval for the project at the estimated cost of ₹ 792.66 lakh for three financial years commencing with financial year, 2015-16 i.e., 2015-16, 2016-17 and 2017-18. 15. Vedanta Foundation, Opposite Niranjan Building, Corner of 'E' Road, Marine Drive, Mumbai - 400 002 Vedanta Foundation Reengus ₹ 3137.53 lakh [Rs. 1787.53 lakh recurring and ₹ 1350.00 lakh as corpus) The Committee recommended approval for the project at the estimated cost of ₹ 3137.53 lakh [Rs. 1787.53 recurring and ₹ 1350.00 lakh as corpus] for three financial years commencing with financial year, 2015-16 i.e., 2015-16, 2016-17 and 2017-18. 16. Little Flower Leprosy Welfare Association Sundarpur, P.O. Raxaul (E. Champarana) N.Bihar, Pin-845 305 Comprehensive support services to the leprosy affected people by providing medical and educational facility' ₹ 29.71 crore The Committee recommended approval for the project at the estimated cost of ₹ 29.71 crore for three financial years commencing with financial year, 2015-16 i.e., 2015-16, 2016-17 and 2017-18. 17. Gyan Prakash Foundation Suite 302, Orchards Nachiket Park, Dr. Pai Marg, Baner, Pune-411045 'Development of a Community led Social change Model in Education ₹ 521.47 lakh [for 4 years] The Committee recommended approval for the project at the estimated cost of ₹ 359 lakh for three financial years commencing with financial year, 2015-16 i.e., 2015-16, 2016-17 and 2017-18. 18. Ramakrishna Mission Vivekanada Centenary College, P.O. Raharra, Kolkata West Bengal-700118 Construction of the Five storied building for the students of the College ₹ 8.68 crore The Committee recommended approval for the project at the estimated cost of ₹ 8.68 crore for three financial years commencing with financial year, 2015-16 i.e., 2015-16, 2016-17 and 2017-18. 19. Swayam Shikshan Prayog, 6/16, Blossom C.H.S. Military Road, Marol, Andheri (E), Mumbai - 400 059 Empowering 40000 women to enhance their capacity and income through gender inclusive microenterprises and water, sanitation and health programmes ₹ 16.81 crore The Committee recommended approval for the project at the estimated cost of ₹ 16.81 crore for three financial years commencing with financial year, 2015-16 i.e., 2015-16, 2016-17 and 2017-18. 20. The Social Work and Research Centre, V PO Tilona, Bia Madanganj, Ajmer-305816. Electrification through solar power for the upliftment of Rural people. ₹ 22.00 crore The Committee recommended approval for the project at the estimated cost of ₹ 22.00 crore for three financial years commencing with financial year, 2015-16 i.e., 2015-16, 2016-17 and 2017-18. 21. Human Development Research Foundation 41, Ambika Tenaments, Near Isanpur Bus Stand, Isanpur, Ahmedabad 380001 'CARE' ₹ 1.95 crore The Committee recommended approval for the project at the estimated cost of ₹ 1.95 crore for three financial years commencing with financial year, 2015-16 i.e., 2015-16, 2016-17 and 2017-18. 22. Rural Litigation Entitlement Kendra 68/1, Suryalok Colony, Rajpur Road, P.O. Box No. 10 Dehradun- 248001 Uttarakhand (i) To establish 5 electric Crematoriums (ii) 10, Community kitchens with Gas Stove, utensils etc. ₹ 20.00 crore The Committee recommended approval for the project at the estimated cost of ₹ 20.00 crore for three financial years commencing with financial year, 2015-16 i.e., 2015-16, 2016-17 and 2017-18. II. This notification shall remain in force for a period of three years in relation to financial years 2015-16, 2016-17 and 2017-18 in respect of the projects or schemes mentioned at serial numbers 1 to 22 of the Table above. [F.NO.V.27015/1/2015-SO(NAT.COM)]
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