U/s. 35AC, IT ACT, 1961 - Eligible Projects or Schemes, Expenditure On – Krishnamurti Foundation India, Chennai, Tamilnadu - S.O. 3049(E) - Income Tax

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION No. 239/2015 New Delhi, the 10 th November, 2015 S.O. 3049(E).- Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 2033 (E) dated 6th August, 2009 , 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, A proposal for development and extension of the rural school, the rural hospital community development work by Krishnamurti Foundation India, Vasant Vihar, Door No.124-126 (old No.64-65), Greenways Road, Raja, Annamalaipuram, Chennai - 600 028 , Tamilnadu, as an eligible project or scheme for a period of three years beginning with financial year 2009-10 and which was extended further vide notification number S.O.2396(E) dated the 9.10.2012 for a period of three years ending with financial year 2014-15; And whereas the said project or scheme is likely to extend beyond six 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 A proposal for development and extension of the rural school, the rural hospital community development work which is being carried out by Krishnamurti Foundation India, Vasant Vihar, Door No.124-126 (old No.64-65), Greenways Road, Raja, Annamalaipuram, Chennai - 600 028, Tamilnadu , without any change in the approved cost of ₹ 68.12 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 2017-18. [F. No.V. 27015/3/2015-SO (NAT.COM)] MAKKHAN LAL MEENA, Dy. Secy. (National Committee)