Exemption u/s 35AC -Approves various institutions as an eligble project or schemes - S.O.225(E) - Income Tax

Exemption u/s 35AC -Approves various institutions as an eligble project or schemes NOTIFICATION NO. S.O.225 ( E ) DATED 16-3-1994 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 recommendations of the National Committee, hereby specifies the eligible projects and schemes and 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 Sl No. Name of the institution Project or Scheme Maximum cost for which approved (1) (2) (3) (4) 1. Shanthi Gears Limited, 304-A, Trichy Road, Singanalur, Coimbatore-5 Construction of five class rooms-Weavers Colony Elementary School at Ondipudur, Coimbatore. Rs.10 lakhs 2. Tamil Nadu Urban Finance and Infrastructure Development Corporation Ltd., 84, T.T.K. Road, Alwarpet, Madras-600 018. Low cost sanitation-cum- scavengar rehabilitation scheme in 16 municipalities of Tamil Nadu as per annexure "I" Rs.70.05 lakhs 2. This notification shall remain in force for a period of one year in relation to the assessment year 1994-95 in respect of project at serial number 1 and for a period of two years in relation to the assessment years 1994-95 and 1995-96 in respect of project at serial number 2. [No. 9498/F. No. NC-207/93] ANNEXURE I Sl. No. Name of the municipality 1. Bodinayakanur 2. Chidambaram 3. Cumbum 4. Devakottai 5. Dharapuram 6. Golden Rock 7. Kovilpatti 8. Melapalayam 9. Melur 10. Myladuthurai 11. Ranipet 12. Rasipuram 13. Sengottai 14. Srirangam 15. Thiruvathipuram 16. Tirumangalam