Exemption u/s 35AC - Central Government had specified the running of school for mentally retarded children at Sabarkantha, North Gujarat and Dungarpur district of Rajasthan of Sabarkantha Charitable Trust as an eligible project or scheme - S.O.825(E) - Income Tax

Exemption u/s 35AC - Central Government had specified the running of school for mentally retarded children at Sabarkantha, North Gujarat and Dungarpur district of Rajasthan of Sabarkantha Charitable Trust as an eligible project or scheme NOTIFICATION NO. S.O.825 ( E ) DATED 29-9-1995 Whereas by notification, vide S.O. No. 839(E), dated 22nd November, 1994 issued under sub-section (1) read with clause ( b ) of Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 7, the running of school for mentally retarded children at Sabarkantha, North Gujarat and Dungarpur district of Rajasthan of Sabarkantha Charitable Trust, C/o. Dr. Navin Modi, Psychiatrist, Avkar Hospital, Khodiyar Complex, Dr. Gandhi Road, Himmat Nagar-383 001, Gujarat, as an eligible project or scheme for a period of one year in relation to the assessment year 1995-96 ; And whereas, the said project or scheme is likely to extend beyond one year ; 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 sub-section (1) read with clause ( b ) of Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme of running of school for mentally retarded children at Sabarkantha, North Gujarat and Dungarpur district of Rajasthan of Sabarkantha Charitable Trust, C/o. Dr. Navin Modi, Psychiatrist, Avkar Hospital, Khodiyar Complex, Dr. Gandhi Road, Himmat Nagar-383 001, Gujarat, at the estimated cost of rupees four lakhs sixty thousand as an eligible project or scheme for a further period of three assessment years commencing from the assessment year 1996-97. [No. 9886/F. No. NC-102/95]