U/s. 35AC, IT ACT, 1961 - Eligible Projects or Schemes, Expenditure On – Radha Kaliandas Daryanani Charitable Trust, Mumbai - S. O. 396(E) - Income Tax

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION No. 10360 New Delhi, the 19 th May, 1997 S. O. 396(E) :-Whereas by notification number S.O. 116(E) dated the 23 rd February, 1995 issued under clause (b) of Explanation to section 35 AC of the Income-tax Act, 1961 (43 of 1961) , the Central Government had specified the scheme of Radha Kaliandas Daryanani Charitable Trust, 521, Commerce House, 140, Nagindas Master Road, Fort, Mumbai for construction of buildings under phase-II Programme and maintenance and administrative expenditure on nine institutions under Sai Baba Seva Dham for coordinating successful implementation of Rural Development Programme at Village Kanhe, Taluka Maval (Bombay Pune Road) as on eligible project or scheme for a period of three years commencing from the assessment year 1995-96: And where as the said project or scheme is likely to extend beyond three years: And whereas the National Committee 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 for specifying the said project or scheme for a further period of three years and amending the cost of the project; Now. Therefore, the Central Government, in exercise of the powers conferred by clause (b) of Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961) hereby specifies the scheme of Radha Kaliandas Daryanani Charitable Trust. 521. Commerce House, 140, Nagindas Master Road, Fort, Mumbai for maintenance and administrative expenditure on nine institutions under Sai Baba Seva Dham for coordinating successful implementation of Rural Development Programme at village Kanhe, Taluka Maval (Bombay Pune Road) at the estimated cost of rupees Ninety nine lakhs only as an eligible project or scheme for a further period of three assessment years commencing from assessment year 1998-99 i.e. 1998-99, 1999-2000 and 2000-2001. [F. No. NC-62/97] V. K. SEHGAL, Dy. Secy.