U/s. 35AC, IT ACT, 1961 - Eligible Projects or Schemes, Expenditure On – Chinmaya Organisation for rural Development (CORD), New Delhi - S.O. 3069(E) - Income Tax

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION No. 259/2015 New Delhi, the 10 th November, 2015 S.O. 3069(E).- Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 2835(E) dated 19.12.2011 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 8 Comprehensive integrated sustainable rural development project by Chinmaya Organisation for rural Development (CORD), 89, Lodhi Estate, New Delhi 110003 , as an eligible project or scheme, at the estimated cost of ₹ 5.76 crore for a period of three years ending with financial year 2013-14; And whereas the said project or scheme is likely to extend beyond 3 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 Comprehensive integrated sustainable rural development project , which is being carried out by Chinmaya Organisation for rural Development (CORD), 89, Lodhi Estate, New Delhi 110003 , without any change in the approved cost of ₹ 5.76 crore, for a further period of three years commencing with financial year 2014-15, i.e., 2014-15, 2015-16 2016-17. As the financial year 2014-15 has already been lapsed, no certificate under section 35AC of the IT Act, 1961 would be issued for the financial year 2014-15. [F. No.V. 27015/3/2015-SO (NAT.COM)] MAKKHAN LAL MEENA, Dy. Secy. (National Committee)