U/s. 35AC, IT ACT, 1961 - Eligible Projects Or Schemes, Expenditure On – Ramakrishna Mission, West Bengal - S.O.556(E) - Income Tax

NOTOTCATION NO. 170 New Delhi, the 20th June, 2001 S.O. 556(E).- Whereas by notification of the Government of India in the Ministry of Finance number S.O.973(E) dated the 14th December, 1995 , issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961) , the Central Government had specified at serial number 6, for Construction of overhead tank. Nurses' Training School with hostel and doctor's quarters at Ramakrishna Mission Sevashrama, Kankhal, Hardwar, Uttar Pradesh, by Ramakrishna Mission, P.O. Belur Math, District Howrah, West Bengal - 711202, as an eligible project or scheme for a period of three years beginning with assessment year 1996-1997 which was extended further vide notification number S.O.219 (E) dated the 16th March, 1998 for a period of three years beginning with assessment year 1999-2000; And whereas the said project or scheme is likely to extend beyond six years; And whereas the National Committee has, 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 specifying 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 35 AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of Construction of overhead tank, Nurses' Training School with hostel and doctor's quarters at Ramakrishna Mission Sevashrama, Kankhal, Hardwar, Uttar Pradesh, which is being carried out by Ramakrishna Mission, P.O. Belur Math, District Howrah, West Bengal - 711202, at the estimated cost of rupees sixty eight lakhs eighty thousand only, as an eligible project or scheme for a further period of three years beginning with assessment year 2002-2003. [2001/F.NO.NC-61/20011 POMELAB. PRASAD, Director (N. C.)