Exemption u/s 35AC -Central Government had specified, the Preventive Diagnosis Curative Medical Aid and Mass awareness programme and Adivasi area and other villages of Thane, Maharashtra of the Family Planning and Medical Aid Trust, Bombay as an eligible project or scheme - S.O.721(E) - Income Tax

Exemption u/s 35AC -Central Government had specified, the Preventive Diagnosis Curative Medical Aid and Mass awareness programme and Adivasi area and other villages of Thane, Maharashtra of the Family Planning and Medical Aid Trust, Bombay as an eligible project or scheme NOTIFICATION NO. S.O.721 ( E ) DATED 17-8-1995 Whereas by Notification No. S.O. 216(E), dated 30th March, 1993, 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 11, the Preventive Diagnosis Curative Medical Aid and Mass awareness programme in slums of Bombay and Adivasi area and other villages of Thane, Raigarh and Nasik districts of Maharashtra of the Family Planning and Medical Aid Trust, 6, Indian Mercantile Mansion, Madam Cama Road, Opposite Museum and C. G. Hall, Fort, Bombay-400 039 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 power conferred by clause ( b ) of Explanation to section 35AC of the Income-tax Act, 1961, hereby specifies the Preventive Diagnosis Curative Medical Aid and Mass awareness programme in slums of Bombay and Adivasi area and other villages of Thane, Raigarh and Nasik districts of Maharashtra of the Family Planning and Medical Aid Trust, 6, Indian Mercantile Mansion, Madam Cama Road, Opposite Museum and C. G. Hall, Fort, Bombay, at the estimated cost of rupees nineteen lakhs sixty thousand as an eligible project or scheme for a further period of three assessment years commencing from the assessement year 1996-97. [No. 9839/F. No. NC-77/95]