Exemption u/s 35AC - Central Government had specified the Sri Sathya Sai Gramin Jagriti Seva Sadan of Sri Sathya Sai Gramin Jagriti Sai Sadan, Haryana, as an eligible project or scheme - S.O.864(E) - Income Tax

Exemption u/s 35AC - Central Government had specified the Sri Sathya Sai Gramin Jagriti Seva Sadan of Sri Sathya Sai Gramin Jagriti Sai Sadan, Haryana, as an eligible project or scheme NOTIFICATION NO. S.O.864 ( E ) DATED 27-10-1995 Whereas by notification, vide S.O. No. 15(E), dated 11th January, 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 12 the Sri Sathya Sai Gramin Jagriti Seva Sadan (A Multi-Dimensional Rural Welfare Project) including health care education, sports, spiritual activities and vocational training at village Darwa, District Yamuna Nagar, Haryana of Sri Sathya Sai Gramin Jagriti Sai Sadan, House No. 551, Sector 8-B, Chandigarh-160 018, Haryana, 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 sub-section (1) read with clause ( b ) of Explanation to section 35AC of the Income-tax Act, 1961(43 of 1961), hereby specifies the Sri Sathya Sai Gramin Jagriti Seva Sadan (A Multi-Dimensional Rural Welfare Project) including health care education, sports, spiritual activities and vocational training at Village Darwa, District Yamuna Nagar, Haryana, which is being carried out Sri Sathya Sai Gramin Jagriti Sai Sadan, House No. 551, Sector 8-B, Chandigarh-160 018, Haryana, at the estimated cost of rupees thirty-two lakhs only as an eligible project or scheme for a further period of three assessment years commencing from the assessment year 1996-97. [No. 9904/F. No. NC-102/95]