U/s. 35AC, IT ACT, 1961 - Eligible Projects Or Schemes, Expenditure On - Tamilnad Kidney Research Foundation, Chennai - 112/2011 - Income Tax

NOTIFICATION NO. 112/2011 New Delhi, the 18 th October, 2011 S.O. 2406(E) - Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 2370(E) dated 3 rd October, 2008 , 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 26, Corpus fund by Tamilnad Kidney Research Foundation, 17, Wheatcrofts Road, Nungambakkam, Chennai 600 034, as an eligible project or scheme for a period of three years beginning with financial year 2008-09; And whereas the said project or scheme is likely to extend beyond three 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 year; 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 Corpus fund , which is being carried out by Tamilnad Kidney Research Foundation, 17, Wheatcrofts Road, Nungambakkam, Chennai 600 034, without any change in the approved cost of ₹ 6.00 crore, as an eligible project or scheme for a further period of three financial years commencing with the financial year 2011-12 i.e. 2011-12,,2012-13 2013-14. [F. No. V 27015/4/2011-SO (NAT.COM)] NAVEEN CHANDRA, Director (National Committee)