Exemption u/s 35 AC - Approved various institution as an eligible projects or schemes - S.O. 198(E) - Income Tax

Exemption u/s 35 AC - Approved various institution as an eligible projects or schemes NOTIFICATION NO. S.O. 198 ( E ) DATED 12-3-1998 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 said Table and also specifies in the column (4) of the said Table, the maximum amount of such cost which may be allowed as a deduction under the said section 35AC. TABLE Sl No. Name of the institutions 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, Calcutta-700 019. Construction of extension of building and furnishing of Pranabananda Women s College at Dimapur, Nagaland, likely to cost Rs. 23.00 lakhs. Rs. 23.00 lakhs. 2. Andh Apang Kalyan Kendra, Near Janata Nagar Railway Crossing, Vill. Ghatlodia, Distt. Ahmedabad-380 061. Purchase of instruments/equipment and furnishing of Andh Apang Kalyan Kendra at Ahmedabad, Gujarat, likely to cost Rs. 30.00 lakhs. Rs. 30.00 lakhs. 3. Savali (Association for Mentally Retarded and Cerebral Palsy Children), Alankar Plot No. 14, S.No. 133, Kothrud, Pune-411 029. Purchase of equipment and running of socio-economic promotion of cerebral palsied children and adults through education, institutional care, training and vocational guidance at Kothrud, Pune, Maharashtra, likely to cost of Rs. 90.79 lakhs. 1 [ Rs. 171.21 lakh ] 4. Shree Veda-Govindpura Sarvajanik Davakhanu, Village Veda, Taluka-Kalol, Via-Nardipur, District Mehsana, North Gujarat-35. Ambulance van and medicines for B.M.B. Sarvajanik Hospital at village Veda, Taluka Kalol, District Mehsana, Gujarat, likely to cost Rs. 7.87 lakhs. Rs. 7.87 lakhs 5. Shri Satya Sai Trust,Har- yana and Chandigarh, 2093 Sector-15C, Chandigarh-160 015. Construction of building and furnishing of old age home and seva centre at Sector-30B, Chandigarh, likely to cost Rs. 91.00 lakhs. Rs. 76.00 lakhs 6. Shri K. K. Shah Sabar kantha Arogya Mandal, P.O. Vatrak, Tal. Bayad, Distt. Sabarkantha 383 326. Gujarat. Purchase of equipments and running of hospital at Vatrak, Sabarkantha,Gujarat. likely to cost Rs. 90.60 lakhs. Rs. 40.00 lakhs plus corpus fund 50.00 lakhs 7. Shri Anantlal Tribhovandas Shah Ayurvedic Sarvajanik Hospital, Lal Bazzar, A.T. Shah Ayurvedic Hospital Marg, Bharuch-392 001, Gujarat. Construction of building with modern amenities for Ayurvedic Hospital at Zadeshwar, Gujarat ; likely to cost Rs. 424.00 lakhs. Rs. 270.00 lakhs plus a corpus fund of Rs. 100.00 lakhs. 8. Chandra Rajeshwara Rao Foundation for Social Progress, 3-6-201, Makhdoom Bhavan, Himayat Nagar, Hyderabad-500 029. Construction of building, furnishing and running of home for the aged at Kondapur, Rangareddy Distt. Andhra Pradesh; likely to cost lakhs Rs. 160 lakhs. Rs. 60.70 lakhs plus a corpus fund of Rs. 60.00 2. This notification shall remain in force for a period of three years in relation to the assessment years 1998-99, 1999-2000 and 2000-2001 in respect of projects or schemes mentioned in the Table. [No. 10543/F. No. NC-9/98] ********** Notes 1. Substituted vide NOTIFICATION NO. 136/2012 DATED 12-3-2013 before it was read as Rs. 71.21 lakhs