U/s. 35AC, IT ACT, 1961 - Eligible Projects or Schemes, Expenditure On - ANJALI (Society for Rural Health and Development) Gujarat - 168/2015 - Income Tax

NOTIFICATION NO. 168/2015 DATED 20-7-2015 S.O. 1955(E) - Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O.591(E) dated the 20th August, 1997 , 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 2, Construction of Tutorial and Children activity hall/Compound Wall, equipments, vehicle, furnishing and running of Anjali Hospital, T.B. Centre and Children and Educational Activities at Ranasan-Harsol-Sabarkantha, Gujarat by ANJALI (Society for Rural Health and Development), Post Ranasan, Via Harsol, Taluka Prantij, Sabarkantha, Gujarat 383305 as an eligible project or scheme for a period of three years beginning with assessment year 1998-1999 which was extended further vide notification number S.O.872(E) dated the 21st September, 2000 for a period of three years beginning with assessment year 2001-2002, which was extended further vide notification number S.O.350(E) dated the 31st March, 2003 for a period of three years beginning with assessment year 2004-2005; which was extended further vide notification number S.O.1003(E) dated the 5th July, 2006 for a period of three years beginning with financial year 2006-2007; which was further extended vide notification number S.O No.241(E) dated 21st January, 2009 for a period of three years beginning with financial year 2009-10 and which was further extended vide notification number S.O No.1092(E) dated 14th May, 2012 for a period of three years beginning with financial year 2012-13; And whereas by notification number S.O. 1003(E) dated the 5th July, 2006 the estimated cost was enhanced from ₹ 33.00 lakh plus a corpus fund of ₹ 25.00 lakh to ₹ 171.00 lakh including a corpus fund of ₹ 25.00 lakh and vide notification number S.O. 1140(E) dated 18th May, 2010 , the project cost was enhanced from ₹ 171 lakh including a corpus funds of ₹ 25 lakh to ₹ 571 lakh including a corpus fund of ₹ 25 lakh; And whereas the said project or scheme is likely to extend beyond eighteen 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 Construction of Tutorial and Children activity hall/Compound Wall, equipments, vehicle, furnishing and running of Anjali Hospital, T.B. Centre and Children and Educational Activities at Ranasan-Harsol-Sabarkantha, Gujarat which is being carried out by ANJALI (Society for Rural Health and Development), Post Ranasan, Via Harsol, Taluka Prantij, Sabarkantha, Gujarat 383305 , without any change in the approved cost of ₹ 571 lakh including a corpus fund of ₹ 25 lakh, as an eligible project or scheme for a further period of three years commencing with the financial year 2015-16 i.e. 2015-16, 2016-17 and 2017-18. [F.NO.V.27015/2/2015-SO (NAT.COM)]