Exemption u/s 35AC - Central Government had specified for World Memorial Fund T. B. Project-Four mobile teams at Sikkim, Himachal Pradesh, Surat and Delhi of the Memorial Fund for Disaster Relief India, New Delhi as an eligible project or scheme - S.O. 916(E) - Income Tax

Exemption u/s 35AC - Central Government had specified for World Memorial Fund T. B. Project-Four mobile teams at Sikkim, Himachal Pradesh, Surat and Delhi of the Memorial Fund for Disaster Relief India, New Delhi as an eligible project or scheme NOTIFICATION NO. S.O. 916 ( E ) DATED 29-12-1997 Whereas by Notification Number S. O. 224(E), dated the 16th March, 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 3, World Memorial Fund T. B. Project-Four mobile teams at Sikkim, Himachal Pradesh, Surat and Delhi of the Memorial Fund for Disaster Relief India, C/o. The Delhi Cheshire Home, Okhla Road, New Delhi, as an eligible project or scheme for a period of two years commencing from the assessment year 1994-95 And whereas by Notification Number S. O. 297(E), dated 4th April, 1995, the project or scheme was specified as an eligibile project or scheme without change in the approved cost for a further period of three years commencing from the assessment year 1996-97; And whereas the said project or scheme is likely to extend beyond five years; And whereas the National Committee, 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 or project of World Memorial Fund T.B. Project-Four mobile teams at Sikkim, Himachal Pradesh, Surat and Delhi, being carried out by the Memorial Fund for Disaster Relief India, C/o. The Delhi Cheshire Home, Okhla Road, New Delhi, at the estimated cost of rupees forty lakhs forty-one thousand six hundred only as an eligible project or scheme for a further period of three assessment years commencing from the assessment year 1999-2000. [No. 10485/F. No. NC-141/97]