Notification u/s 35AC - Notifies the various institutions Approved by the National Committee. - S.O.1140(E) - Income Tax

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION No. 11126 New Delhi, the 18 th November, 1999 S.O.1140(E). -In exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35 AC of the Income-tax Act. 196 1 (43 of 1961) . the Central Government on the recommendations of the National Committee, hereby approves the institutions mentioned in column (2) of the Table below and specifies the eligible projects or schemes and the estimated cost thereof as mentioned in column (3) of the said Table and also specifies in the column (4) of the said Table, the maximum amount of such cost which may be allowed as deduction under said section 35 AC, namely:- TABLE SI. No. Name of the Institutions Project or scheme and estimated cost thereof Maximum amount of cost to be allowed as deduction under section 35AC 1 2 3 4 1 Bhaorao Deoras Seva Nyas, Saraswathl Kunj, Nirala Nagar, Lucknow-226020 (U.P.). (a) Bhaorao Deoras Health Science Institution Lucknow : Purchase of land, constructionof building and furnishing, purchase of vehicles, equipments, books and running of Health Science Institute with facilities like lecture hall, auditorium, staff quarters, office, computer room, lab, library, hostel; and (b) Bhaorao Deoras Seva Nyas, Lucknow : Construction of building, purchase of instruments/equipments for Industrial Training Institute and Administrative Wing Instructors accommodation and construction of hostel and mess; At Lucknow, Uttar Pradesh ; likely to cost 376.17 lakhs. 376.17 lakhs 2. Sri Sathya Sai Central Trust, Prasanthi Nilayam, Anantpur District, Andhra Pradesh. Drinking Water Supply Project at Mahabubnager and Medak Districts of Andhra Pradesh; likely to cost 6600.00 lakhs. 6600.00 lakhs 3. Srikakulam Vayodhikula Sangham, (Srikakulam Elders Association), D.No. 7-6-44. Burravari Thota, Srikakulam, Andhra Pradesh-532001 Construction of building for old age home complex at Srikakulam, Andhra Pradesh; likely to cost 28.63 lakhs. 4 [ 60 lakhs for construction of building plus a Corpus Fund of 40 lakhs ] 4. East and West Educational Society, Road No. 6/E, Rajendra Nagar, Patna - 800016 Maitree Project for promoting education and running of school building at Neora, Patna; likely to cost 87.50 lakhs. 48.50 lakhs. 5. Manav Kalyan Trust-Vijalpore-Navsari. Mamta Mandir, Dandi Kutch Marg, Vijalpore-Navsari-396450. Construction of building, furniture, purchase of bus/fixtures and running of welfare and amenities centre for the physically handicapped at Vijalpore, Navsari ; likely to cost 109,50 (including a corpus fund of 25.00 lakhs). 109.50 lakhs, (including a corpus fund of 25.00 lakhs). 6. Rotary District 3010 Social Welfare Society, M-143, Greater Kailash Part-II, New Delhi-110048 Construction of building, furnishing, purchase of equipments for setting up Rotary Blood Bank Project at Tughlakabad Institutional Area, New Delhi; likely to cost 385.00 lakhs. 385.00 lakhs 7. The Tirunelveli Diocesan Trust Association (TDTA), P.O. Box-61, Palayamkottai-627002, Tamilnadu. Construction of building, purchase of equipments/vehicle, furnishing and running of home for senior citizens at Military Line, Church Campus, Palayamkottai, Tirunelveli, Tamilnadu; likely to cost 150.00 lakhs (including a corpus fund of 100.00 lakhs). 150.00 lakhs (including corpus fund of 100.00 lakhs). 2. This notification shall remain inforce for a period of three years in relation to assessment years 2000-2001,2001 -2002 and 2002-2003 in respect of projects or schemes mentioned in the Table. [F. No. NC-93/99] POMELA B. PRASAD, Director (National Committee) ********* Notes 1. Substituted vide Notification No. 120 of 2003, dated 09-05-2003 before it was read as 23.93 lakhs 2. Substituted vide NOTIFICATION NO. 99/2005, DATED 23-03-2005 before it was read as 1 [ 23.93 lakhs plus a corpus fund of 15.00 lakhs ] 3. Substituted vide NOTIFICATION S.O. 2056(E) dated 06-08-2009 before it was read as 2 [ 23.93 lakhs plus a corpus fund of 20 lakhs ] 4. Substituted vide NOTIFICATION NO. 172/2015 DATED 20-07-2015 before it was read as 3 [ 30.00 lakh plus a corpus fund of 20.00 lakhs]