Exemption u/s 35 AC - Approved various institutions as an eligible projects or schemes - S.O.193(E) - Income Tax

Exemption u/s 35 AC - Approved various institutions as an eligible projects or schemes NOTIFICATION NO. S.O.193 ( E ) DATED 14-3-1996 In exercise of the powers conferred by sub-section (1) read with clause ( b ) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government on the recommendations of the National Committee, hereby approves the institutions specified in column (2) of the Table below and specifies the eligible projects or schemes and the estimated cost thereof as mentioned in column (3) of the Table below and also specifies in column (4) of the said Table, the maximum amount of such cost which may be allowed as deduction under the said section 35AC. TABLE Sl No. Name of the institution Project or scheme estimated cost thereof Maximum amount of cost to be allowed as deduction under section 35AC (1) (2) (3) (4) 1. Bharat Sevashram Sangha, 211, Rash Behari Avenue, Ballygunge, Calcutta-700 019. Construction of 1000 dwelling units with drinking water and sanitary facilities at Kumarganj, Jamalpur, Hill, Balurghat areas of South Dinajpur district, West Bengal; likely to cost ₹ 22 lakhs. ₹ 22 lakhs 2. Taloja CETP Co-operative Society Limited, P-24, M.I.D.C., Taloja, Taluga-Panvel, Raigad, Maharashtra. Setting up of common effluent treatment plant at P-24, M.I.D.C., Industrial Area Taloja, district, Raigad, Maharashtra; likely to cost ₹ 416 lakhs. ₹ 136.90 lakhs 3. Shri Maldevji Odedra Smarak Trust, C/o Maldevji Odedra Mahila College, S.T. Road, Porbandar-75. Construction of school, college hostel, library and sports complex at Ran Area, near Bir Sanctuary, Porbandar, Gujarat; likely to cost ₹ 400 lakhs. ₹ 400 lakhs 4. Friends of Tribals Society, 52, Zakaria Street, Calcutta-700 073. Literacy project of running 1,066 one-teacher schools in 1066 tribal villages of west Bengal; likely to cost ₹ 239 lakhs. ₹ 239 lakhs 5. Lohardaga Charitable Ursuline Teachers' Training Centre Society, Loharadaga P.O., Bihar-835 302. Construction and furnishing of extension to 1st floor of Ursuline Women's Teachers' Training College at Lohardaga, Bihar; likely to cost ₹ 7.74 lakhs. ₹ 7.74 lakhs 6. Prashanti Medical Services and Research Foundation, 205, Trade Centre, 2nd Floor, Sardanagar Main Road, Rajkot-360 001. Land Development, Construction, equipment, furnishing and running of Sri Sathya Sai Heart Hospital at Rajkot, Gujarat; likely to cost ₹ 900 lakhs plus corpus fund of ₹ 700 lakhs. 5 [ ₹ 3400.00 lakh including corpus fund of ₹ 700 lakh ] 7. L. Bahadur Chand Munjal Charitable Trust, C/o Hero Cycles Limited, G.T. Moad, Hero Nagar, Ludhiana-141 003. Construction, equipment, furnishing of Bahadur Chand Munjal School (Hindi Medium) at HM-150, Punjab Housing Board Colony (Focal Point), Jamalpur, Awana, Ludhiana-141 010; likely to cost ₹ 53 lakhs. 1 [ ₹ 52.61 lakhs ] 8. Nootan Bharati, Madanagadh, Tal.: Palanpur, Distt. Banaskantha, Gujarat. Project for development and extension of Institution of Nootan Bharati-- (a) Gram vidyapeeth ; (b) Rural technical institution; (c) Primary health care service vice hospital, ICDs and women and children welfare activities; (d) Hostel for ladies studies; (e) Hostel for backward class students; at village Madanagadh, Gujarat; likely to cost ₹ 193.50 lakhs. 2 [ (7) Preparation of website, preparation of floppy disk and publication of books. ] ₹ 193.50 lakhs 9. National Institution of Social Rehabilitation and Rural Development, Vill, Tikatal, P.O. Chakapada, Via-Gegunia, Khurda-752 062 (Orissa). Askhyar Sena (Literacy brigade for women) in 16 gram-panchayats of Bolagarh block of Khurda district of Orissa, via, Begunia; likely to cost ₹ 5.35 lakhs. ₹ 5.35 lakhs 10. Srinivasan Services Trust, Jayalakshmi Estates, 8, Haddows Road, Madras-600 006. Rural development projects at Thirukuranggudy and Padavedu villages in Tirunelveli and Thiruvannamalai Sambuvarayar districts of Tamil Nadu; likely to cost ₹ 207 lakhs. ₹ 187.70 lakhs 11. Adhiparasakthi Charitable Medical, Educational and Cultural Trust, Melmaruvathur-603 319, Chengai MGR District, Tamil Nadu. Construction, furnishing, equipment of hospital and research institute at Melmaruvathur, Tamil Nadu; likely to cost ₹ 2,372 lakhs ₹ 2,164 lakhs 12. Smt. Rajiben Madhavlal Ramjibhai Sarvajanik Trust, AT OP. Pamol, Tal, Vijapur, District Mehsana, Guajrat. Maintenance of Smt. Rajiben Madhavlal Ramjibhai Sarvajanil General Hospital at village Pamol. Tal. Vijapur, District Mehasana, Gujarat; likely to cost ₹ 45.75 lakhs. ₹ 45.75 lakhs 13. Hyderabad Eye Institute, Road No. 2, Banjara Hills, Hyderabad-500 034. Centre for advancement of rural eye care---Construction, furnishing, equipment and running of 5 rural eye care hospitals and central co-ordinating unit at Adilabad, Mahboob Nagar, Khammam, Anantpur and Nalgonda district of Andra Pradesh; likely to cost ₹ 450 lakhs. ₹ 450 lakhs 14. Indian Medical Centre, 283, T.T.K. Road, Madras-600 018. Construction, furnishing and equipment of 100 bed hospital at Perumalpuram, Agastheswaram, Panchayat, Kanyakumari district, Tamil Nadu; likely to cost ₹ 176.36 lakhs. 4 [ ₹ 385.78 lakhs ] 15. Andh Kalyan Kendra (Blind Welfare Centre), 20, Navroop Colony, Shanti NAgar, Ashram Road, Ahmedabad-380 013. Gujarat. Construction, equipment, furnishing and running of Andh Kalyan Kendra at Village Ranip, district Ahmedabad, Gujarat; likely to cost ₹ 1117.34 lakhs. ₹ 105.97 lakhs 16. Vivekananda Swasthya Seva Sangha, The Relief 226-A, APC Road, Calcutta-4. Primary health care and socio-economic development programme at 58 villages of Howarah, Hoolghly/Burdwan, Midnapore South, 24 Parganas, North 24 Parganas Districts of West Bengal; likely to cost ₹ 10 lakhs. ₹ 9.00 lakhs 17. Society for the Rehabilitation of Paraplegics, Orthopaedic Department, Main building, J-J Hospital, Byculla, Bombay-400 008. Construction, furnishing, equipment and running of home for aged/disabled at Plot No. 52, Sector 9A, Vashi, New Bombay; likely to cost ₹ 1,160 lakhs. ₹ 45 lakhs plus a corpus fund or ₹ 900 lakhs 2. The notification shall remain in force for a period of one year in relation to the assessment year 1997-98 in respect of projects mentioned at SI. Nos. 1 and 5 and for a period of two years in relation to the assessment years 1997-98 and 1998-99 in respect of projects mentioned at serial numbers, 2, 7, 8, 9 and 13 and for a period of three years in relation to the assessment years 1997-98, 1998-99 and 1999-2000 in respect of projects mentioned at SI. Nos. 3, 4, 6, 10, 11, 12, 14, 15, 16 and 17. [No. 10008/F. No. NC-15/96] ********* Notes 1. Substituted vide Notification No. 10142 dated 05-07-1996 before it was read as ₹ 33.00 lakhs 2. Inserted vide NOTIFICATION NO. 11066 DATED 10-9-1999 3. Substituted vide NOTIFICATION NO. 11138 DATED 26-11-1999 before it was read as ₹ 150.78 lakhs 4. Substituted vide NOTIFICATION NO. S.O.923(E) DATED 20-9-2001 before it was read as 3 [ ₹ 162.78 lakhs ] 5. Substituted vide NOTIFICATION NO. 12/2014 DATED 31-7-2014 before it was read as ₹ 889.16 lakhs plus a corpus fund of ₹ 700 lakhs