Exemption u/s 35AC - Central Government had specified, the World Memorial Fund T. B. Project-Four mobile teams at Sikkim, Himachal Pradesh, Surat and Delhi of the Memorial Fund for Disaster Relief India, New Delhi as an eligible project or scheme - S.O.297(E) - Income Tax

Exemption u/s 35AC - Central Government had specified, the World Memorial Fund T. B. Project-Four mobile teams at Sikkim, Himachal Pradesh, Surat and Delhi of the Memorial Fund for Disaster Relief India, New Delhi as an eligible project or scheme NOTIFICATION NO. S.O.297 ( E ) DATED 4-4-1995 Whereas by Notification No. S.O. 224(E), dated 16th March, 1994, issued under clause ( b ) of Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified, at serial number 3, the World Memorial Fund T. B. Project-Four mobile teams at Sikkim, Himachal Pradesh, Surat and Delhi of the Memorial Fund for Disaster Relief India, C/o. The Delhi Cheshire Home, Okhla Road, New Delhi, as an eligible project or scheme for a period of two assessment years commencing from the assessment year 1994-95 ; And whereas the said project or scheme is likely to extend beyond two years ; And whereas the National Committee has, 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 clause ( b ) of Explanation to section 35AC of the Income-tax Act, 1961, hereby specifies the World Memorial Fund T. B. Project-Four mobile teams at Sikkim, Himachal Pradesh, Surat and Delhi of the Memorial Fund for Disaster Relief India, C/o. The Delhi Cheshire Home, Okhla Road, New Delhi, at the estimated cost of rupees forty lakhs forty-one thousand six hundred only, as an eligible project or scheme for a further period of three assessment years commencing from the assessment year 1996-97. [No. 9745/F. No. NC-4/95]