Section 35AC - Eligible projects or schemes - recommendations of the National Committee - S.O. 579(E) - Income Tax

MINISTRY OF FINANCE (Department of Revenue) CENTRAL BOARD OF DIRECT TAXES NOTIFICATION NO. 906 New Delhi, the 31 st July, 1992 S.O. 579(E) - In exercise of the powers conferred by clause ( b ) of the explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government, on the recommendation of the National Committee, hereby specifies the eligible projects and schemes and the estimated cost thereof as mentioned in columns (3) and (4) respectively of the Table below to be undertaken by the company specified in the corresponding entry in column (2) of the said Table ;- TABLE SI. No Name of the Company Project or Scheme Estimated cost of the Project or Scheme (1) (2) (3) (4) 1. Tata Chemicals Ltd., Bombay Regional Development of Okha Mandal Project for establishment of six education and information centres ₹ 66 lakhs 2. Jindal Aluminium Ltd., Bangalore ( a ) Drinking water project; ( b ) Rural Mobile Health Centre; 1 [ (c) Construction of school building in three villages ] ₹ 22.5 lakhs ₹ 7 lakhs ₹ 46 lakhs 2. This Notification shall remain in force for a period of three years in relation to the assessment years 1993-94, 1994-95 and 1995-96. (F. NO. 133/231/92-TPL) VIRENDRA KUMAR SAKSENA, Under Secy. ******* Notes 1. Substituted vide NOTIFICATION NO. S.O. 840(E) dated 22-11-1994 before it was read as ( c ) Construction of school building in four villages.