U/s. 35AC, IT ACT, 1961 - Eligible Projects or Schemes, Expenditure On - Smt. Samarathben Chunilaland Sheth Dosabhai Madhavji Sarvajanik Trust, Mehsana, Gujarat - S.O. 101(E) - Income Tax

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION No. 10791 New Delhi, the 11 th February, 1999 S.O. 101(E). -Whereas by notification number S. O. 399(E) dated 6 th June, 1996 , issued under sub-section (1) read with 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 5-construction, furnishing, equipments and running of hospital at Crozaria, District Mehsana, Gujarat, of Smt. Samarthben Chunilal and Sheth Dosabhai Madhavji Sarvajanik Trust, Crozaria-382825, District Mehsana, as an eligible project or scheme for a period of three years beginning with assessment year 1997-98; And whereas the said project of 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 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 35AC of the Income-tax Act, 1961 (43 of 1961) , hereby specifies the scheme or project of construction, furnishing, equipments and running of hospital at Crozaria, District Mehsana, Gujarat, which are being carried out by Smt. Samarthben Chunilal and Sheth Dosabhai Madhavji Sarvajanik Trust, Crozaria-382825, District Mehsana, as the estimated cost of rupees fifty nine lakh only as an eligible project or scheme for a further period of three assessment years commencing from assessment year 2000-2001. [F. No. NC-132/98] POMELA B. PRASAD, Director(NC)