Home Notifications 2016 Income Tax Income Tax - 2016 Section 035AC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
Section 35AC - Eligible projects or schemes - recommendations of the National Committee for Promotion of Social and Economic Welfare - 61/2016 S.O. 3018(E) - Income TaxExtract MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION No. No. 61/2016 New Delhi, the 22nd September, 2016 S.O. 3018(E). -In exercise of the powers conferred by sub-section (I) read with clause (b) of the Explanation to Section 35 AC of the Income Tax Act, 1961 (43 of 1961) , the Central Government, on the recommendation of the National Committee for Promotion of Social and Economic Welfare, hereby notifies the institutions approved by the said National Committee, mentioned in column (2) of the Table below, and approves the eligible projects or schemes specified to be carried on by the said institutions and the estimated cost thereof as mentioned in column (3) of the said Table, and also specifies in the column (4) of the Table the maximum amount of such cost which may be allowed as deduction under the said section 35 AC for the period of approval, namely:- TABLE Serial No. Name of the Institution/ Organization Project or scheme and estimated cost thereof Maximum amount of cost to be allowed as deduction under section 35AC and period of approval (1) (2) (3) (4) 1 Charities Aid Foundation India Plot/Site No. 2, First Floor. Sector-C (OFC Pocket) Nelson Manela Marg, Vasant Kunj, New Delhi 110070 Health, Livelihood, Education, Disability, Women Empowerment, Environment, Animal Welfare, Disaster Management, Skill Development, Culture Heritage and Community Participatory Development ₹ 49.50 crore Approved the cost of ₹ 49.50 crore for financial year 2016-17. 2 Srinivasa Educational Academy R.V.S. Nagar, Murukambattu Post Tirupathi Road, Chitoor Andhra Pradesh-517127 Expansion of present activities of RVS. 1 [ ₹ 47.00 crore ] Approved the project at the estimated cost of ₹ 4.70 crore for financial year 2016-17. 3 Sarvodaya Kelvani Mandal, Umarala AT: Umarala, District Bhavnagar Gujarat-364330 Extension and support of educational activities in Rural areas ₹ 633.00 lakh Approved the project at the estimated cost ₹ 633.00 lakh for the financial year 2016-17. 4 Geetanjali Cancer Center Geetanjali University Village Manwa Kera, Near Eklingpura Chouraha, NH-8, the Girwa, Distt. Udaipur Rajashtan-313001 Geetanjali Cancer Center (for Oncology Centre) Unit of Geetanjali University ₹ 2982.84 lakh Approved the project at the estimated cost of ₹ 2982.84 lakh for financial year 2016-17. 5 Gnanadharshan Seva Foundation for the Disabled No.28/67, Ameeerjan Streeet, Choolaimedu Chennai-600094 Tamilnadu Construction of Hostel Building for Physically Challenged Women Rs. 57.00 lakh Approved the project at an estimated cost of Rs. 57.00 lakh for the financial year 2016-17. 6 Jeevan Parakash 13/5, Avanti Apartments, Flank Road, Near Shanmukhanand Hall Sion(E), Mumbai-400022 Jeevan Prakash Rs. 2.00 crore Approved the project at an estimated cost of Rs. 2.00 crore for the financial year 2016-17. 7 Kantalaxmi Mohanlal Pathak Foundation Sanchalit Dr. Bhanuben Nanavati Hospital- Chorvad 504, Dalamal Chambers, 29, New Marine Lines, Mumbai-400020 Dr. Bhanuben Nanavati Hospital (Rural General Hospital) - Chorvad Rs. 1.50 crore Approved the project at an estimated cost of Rs. 1.50 crore for the financial year 2016-17. 8 Maxvision Social welfare Society 774/2, Ashok Vihar-III Street No.2, Railway Station Road Gurgaon Haryana-122001 Education support to slum children and children form weaker section of the society ₹ 5.30 crore Approved the project at an estimated cost of Rs. 5.30 crore for the financial year 2016-17. 9 Bhaktivedanta Gurukula and International School (BGIS), an educational activity of ISKON Raman Reti, Vrindavan Utttar Pradesh-281121 Vocational Education and Skill Development Center Rs. 18.80 crore Approved the project at an estimated cost of Rs. 18.80 crore for the financial year 2016-17. 10 Shri Shivaji Shikshan Prasarak Mandal, Saswad Tal. Purandar District Pune Maharashtra 411002 Children Youth Education,Career Guidance and counseling Center Rs. 5.58 crore Approved the project at an estimated cost of Rs. 5.58 Crore for the financial year 2016-17. 11 Rudreshwar Tarachand Charitable Trust, At.-Takali, Tq. Nandgaon, P.O. Bangaon Dist: Nashik, Maharashtra Awareness Camps On HIV/Aids And TB Patients, Medical Camps Health Awareness, Cancer Patient Camp And Ambulance Service For Weaker Section Peoples Rs. 2.96 crore Approved the project at an estimated cost of Rs. 2.96 crore for the financial year 2016-17. 12 Manas Foundation A-501-A502, SDF-1, 4th Floor Paridhan Garment Park, 19, Canal South Road, Kolkatta700015 Project Manas Foundation Rs. 400.00 lakh Approved the project at an estimated cost of Rs. 400.00 lakh for the financial year 2016-17. 13 V.H.B.P. Pandurang Kate Ptatishthan Pimple Saudagar, Kate Nagar, Tal- Haveli, Dist- Pune -27 (Maharashtra) Jeevan Sudhar { Providing Quality education to Special, Needy Children Social and Intellectual up-liftment of Girls/Women from low socio-economic background in around Pune Rs. 4.12 crore Approved the project at an estimated cost of ₹ 4.12 crore for the financial year 2016-17. 14 Mahila Unnati Kendra Brahma Memories, C-5/G-1, Bhosale Nagar, Pune 411 007 Maharashtra Mahila Unnati Kendra Vocational Training Center Rs. 4.25 crore Approved the project at an estimated cost of Rs. 4.25 Crore for the financial year 2016-17. 15 Mann Deshi Foundation Khaswad, Tal : Mann District Satara, Maharashtra-415509 Mann Deshi Bandhara Rs. 6.00 crore Approved the project at an estimated cost of Rs. 6.00 crore for the financial year 2016-17. 16 Canara High School Association Ammembal Subba Rao Pai Road, Kodialbail, Mangalore Karnataka-575003 Construction of additional infrastructural buildings to the existing engineering college project to provide engineering education to the weaker section of the society Rs. 25.00 crore Approved the project at an estimated cost of Rs. 25.00 crore for the financial year 2016-17. 17 Upekshit Kshetra Utthan Nyas Pragya Sadan, Saraswati Bal Mandir Nehru Nagar, M.G. Road New Delhi-110065 Developing School Building in PAN India Rs. 8.50 crore Approved the project at an estimated cost of Rs. 8.50 crore for the financial year 2016-17. 18 Shantilal Shanghvi Foundation F.P. 145, Rammandir Road, Vile Parle (East) Mumbai-400057 Maharashtra Samajik Shikshan Yojana - (Providing Education, Health Food for Urban Poor Children ) Rs. 25.00 crore Approved the project at an estimated cost of Rs. 25.00 crore for the financial year 2016-17. 19 Ved Vignan Maha Vidya Peeth No.19, 39th A Cross 11th Main, IV T Block Jayanagar, Bangalore 560041 Free Education Project, VVMVP Rs. 151.42 crore Approved the project at an estimated cost of Rs. 151.42 crore for the financial year 2016-17. 20 Vikram A. Sarabhai Community Science Centre (VASCSC) Opp. Gujarat University, Navrangpura Ahmedabad-380009 Innovative Programmes for Improving Quality of Science Education Rs. 27.92 crore Approved the project at an estimated cost of Rs. 27.92 crore for the financial year 2016-17. 21 Ahmednagar Jilha Talim Sangh Misal Galli, Sarjepura, Ahmednagar-414001 Maharashtra Wrestling Competion, adoption of children and free distribution of notebooks and cattle feed and water tank and Construction of Stadium at Ahmednagar. Rs. 2.53 crore Approved the project at the estimated cost of Rs. 2.53 crore for the financial year 2016-17. 22 2 [ Maa Madhuri Brij Varis Sewa Sadan Apna Ghar Sanstha ] Village Bajera, Tehsil Noh Bachamadi, Bharatpur, Rajasthan 321203 Apnaghar Ashram Rs. 24.16 crore Approved the project at an estimated cost of Rs. 24.16 crore for the financial year 2016-17. 23 Shree Umiya Parivar Education Trust At Village : Sidsar-360530 Taluko : Jamjodhpur District : Jamnagar Gujarat 361001 Adarash Gram The dream of Honourable Prime Minister ₹ 5.00 crore Approved the project at an estimated cost of Rs. 5.00 crore for the financial year 2016-17. 24 Campassion Charitable Trust 35, Bombay Pune Road, Anupam Nagari , 27/1, Khadki, Pune 411003 Rehabilitation cum Recreational Home for child beggars and Underprivileged Street dwelling children Rs. 2.66 crore Approved the project at an estimated cost of Rs. 2.66 crore for the financial year 2016-17. 25 J.M. Institute of Speech Hearing Road No.05, House No.04, Indrapuri, P.O. Keshri Nagar Patna-800024 Establishment of composite Health Rehabilitation Rs. 22752.31 lakh Approved the project at an estimated cost of Rs. 22752.31 lakh for the financial year 2016-17. 26 Mission for Vision 27, Gandhikunj Society, 2nd Floor, Near Shreyas Rly Crossing Bhudrapura Road, Ambawadi Ahmedabad Gujarat-380001 Eradication of Child labour from Ahmedabad City Rs. 36.32 lakh Approved the project at an estimated cost of Rs. 36.32 lakh for the financial year 2016-17. II. This notification shall remain in force for the period of and in relation to financial year in respect of the projects or schemes mentioned above against the respective institutions/projects. III. The exemption u/s 35AC will not apply to the funds received under Schedule VII of the Section 135 of the Companies Act and Companies (CSR) Rules, 2014 . [F.No.V.27015/4/2016-SO (NAT.COM)] S. R. SHARMA, Director (National Committee) --------------------------------- Notes:- 1. Corrected vide S.O. No. S.O.162 (E) - Dated 17-1-2017 , before it was read as, ₹ 4.70 crore 2. Corrected vide S.O.163(E) - Dated 17-1-2017, before it was read as, Maa Madhuri Brij Waris sewa Sadan Sansthan
|