Home Notifications 1997 Income Tax Income Tax - 1997 Section 035AC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
Notifies the Company Approved by the National Committee - S.O. 699 (E) - Income TaxExtract MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION NO. 10433 New Delhi, the 3 rd October, 1997 S.O. 699 (E).- In exercise of the powers conferred by sub-section (i) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government, on the recommendations of the National Committee, hereby approves the company specified in column (2) of the Table below and specifies the eligible projects or schemes and the estimated cost thereof as mentioned in column (3) of the said Table and also specifies in the column (4) of the said Table, the maximum amount of such cost which may be allowed deduction under said section 35 AC . TABLE Serial Number Name of the company Project or scheme and estimated cost thereof Maximum amount of cost to be allowed as deduction under section 35 AC (1) (2) (3) (4) 1 Bajaj Hindustan Limited, Bajaj Bhawan, 2 nd Floor, Jamnalal Bajaj Marg, Narimen Point, Mumbai-400002 Installation of Bio-gas Plant, India Mark Pump Set, Repair and maintenance of Wind Mills and Pump Sets, holding of Immunisation and Cholera Vaccination Camp, tree plantation and Rural Extenstion Services at Golagokarannath and Palika Kalan District Kheri, Uttar Pradesh; likely to cost ₹ 6.31 lakhs. ₹ 2.91 lakhs 2. This notification shall remain in force for a period of one year in relation to assessment year 1998-99. [F. No. NC-95/97] V. K. SEHGAL, Dy. Secy.
|