U/s. 35AC, IT ACT, 1961 - Eligible Projects or Schemes, Expenditure On – Hindu Mission Hospital, Chennai - S.O.559(E) - Income Tax

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION NO. 173/2001 New Delhi, the 20 th June, 2001 S.O. 559(E).- Whereas by notification of the Government of India in the Ministry of Finance number S.O.206(E) dated the 17 th March, 1997 as amended by S.O.1035(E) 17 th November, 2000 , 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 23, for Rural Mobile Clinic of Hindu Mission Hospital - A Rural Outreach Programme at rural villages around Tambaram Tamil Nadu, by Hindu Mission Hospital, 36, G.S.T. Road, Tambaram West, Chennai - 600045 (Tamil Nadu), as an eligible project or scheme for a period of two years beginning with assessment year 1997-1998 which was extended further vide notification number S.O.425 (E) dated the 19 th May, 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 five 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 Rural Mobile Clinic of Hindu Mission Hospital - A Rural Outreach Programme at rural villages around Tambaram Tamil Nadu, which is being carried out by Hindu Mission Hospital, 36, G.S.T. Road, Tambaram West, Chennai - 600045 (Tamil Nadu), at the estimated cost of rupees one crore thirty lakhs including a corpus fund of rupees one crore only, as an eligible project or scheme for a further period of three years beginning with assessment year 2002-2003. [F. No NC-61/2001] POMELA B PRASAD. Director (N C)