U/s. 35AC, IT ACT, 1961 - Eligible Projects or Schemes, Expenditure On – The Blind Relief Association, Nagpur - S.O.569(E) - Income Tax

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION No. 183/2001 New Delhi, the 20 th June, 2001 S.O. 569(E).- Whereas by notification of the Government of India in the Ministry of Finance number S.O.422(E) dated the 19 th May, 1998 , issued under clause (b) of the Explanation to section 35 AC of the Income-tax Act, 1961 (43 of 1961) , the Central Government had specified at serial number 7, for Construction of school at Ambazari Road, Nagpur, Maharashtra, by The Blind Relief Association, South Ambazari Road, Nagpur - 440022, as an eligible project or scheme for a period of three years beginning with assessment year 1999-2000; And whereas the said project or scheme is likely to extend beyond three 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 two 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 specifies the scheme or project of Construction of school at Ambazari Road, Nagpur, Maharashtra, which is being carried out by The Blind Relief Association, South Ambazari Road, Nagpur - 440022, at the estimated cost of rupees ninety four lakhs seventeen thousand only, as an eligible project or scheme for a further period of two years beginning with assessment year 2002-2003. [F No NC-61/2001] POMELA B PRASAD, Director (NC)