Home Notifications 1995 Income Tax Income Tax - 1995 Section 035AC This
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Exemption u/s 35AC - Central Government had specified Integrated Rural Development Programme (Twenty Projects) as an eligible project or scheme - S.O.403(E) - Income TaxExtract Exemption u/s 35AC - Central Government had specified Integrated Rural Development Programme (Twenty Projects) as an eligible project or scheme NOTIFICATION NO. S.O.403 ( E ) DATED 3-5-1995 Whereas by Notification No. S.O. 711(E), dated 25th September, 1992, 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 4( ii ), the Integrated Rural Development Programme (Twenty Projects)--(1) Rural road construction (mentioned) (25 kms.) ; (2) Rural road construction (Kaccha) (50 kms.) ; (3) Low cost latrines and bathing cubicles (3000 units) ; (4) Low cost housing project (1,000 units) ; (5) Health sub-centres (65 units) ; (6) Construction of hospital (30 bedded) ; (7) Research centre for groundwater exploration ; (8) Rainwater harvesting (50 units X Rs. 80,000) ; (9) Construction of dugwells (20 units) ; (10) Handpumps for drinking water (200 units) ; (11) Agricultural development ; (12) Development of horticulture through drip irrigation ; (13) Wasteland development project (600 hectares) ; (14) Integrated child development services (100 centres) ; (15) Non-formal education for girls (200 centres) ; (16) Middle High School for girls (6 of schools) ; (17) Adult education for women (200 centres) ; (18) Vocational training centre for women ; (19) Providing teaching aids to primary schools (100 schools) ; (20) Comprehensive rural health development project of Bhoruka Charitable Trust, 1, Prabhu Dayal Marg, Sanganer Airport, Jaipur-302 011, as an eligible project or scheme for a period of three assessment years commencing from the assessment year 1993-94 ; And whereas, the said project or scheme is likely to extend beyond three 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 Integrated Rural Development Programme (Twenty Projects)--(1) Rural road construction (mentioned) (25 kms.) ; (2) Rural road construction (Kaccha) (50 kms.) ; (3) Low cost latrines and bathing cubicles (3,000 units) ; (4) Low cost housing project (1,000 units) (5) Health sub-centres (65 units) ; (6) Construction of hospital (30 bedded) (7) Research centre for groundwater exploration ; (8) Rainwater harvesting (50 units X Rs. 80,000) ; (9) Construction of dugwells (20 units) ; (10) Handpumps for drinking water (200 units) ; (11) Agricultural development ; (12) Development of horticulture through drip irrigation ; (13) Wasteland development project (600 hectares) ; (14) integrated child development services (100 centres) ; (15) Non-formal education for girls (200 centres) ; (16) Middle High School for girls (6 of schools) ; (17) Adult education for women (200 centres) ; (18) Vocational training centre for women ; (19) Providing teaching aids to primary schools (100 schools) ; (20) Comprehensive rural health development project of Bhoruka Charitable Trust, 1, Prabhu Dayal Marg, Sanganer Airport, Jaipur-302 011 at the aggregate estimated cost less Government grants that is for Rs. 6,69,25,500 as an eligible project or scheme for a further period of three assessment years commencing from the assessment year 1996-97. [No. 9760/F. No. NC-30/95]
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