Exemption u/s 35AC - Central Government had specified for Free Eye Camps at local Mobile Services and Health Education surrounding Virnaga Hostel for ladies, Saurashtra Central Group of hospitals, Gujarat as an eligible project or scheme - S. O. 435(E) - Income Tax

Exemption u/s 35AC - Central Government had specified for Free Eye Camps at local Mobile Services and Health Education surrounding Virnaga Hostel for ladies, Saurashtra Central Group of hospitals, Gujarat as an eligible project or scheme NOTIFICATION NO. S. O. 435 ( E ) DATED 20-5-1998 Whereas by Notification Number S. O. 521(E), dated 14th July, 1994, issued under 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 had specified at serial number 7---( a ) Free Eye Camps at local villages of Saurashtra and Gujarat; ( b ) Mobile Services and Health Education surrounding Virnagar, Rajkot District of Gujarat; ( c ) Hostel for ladies at Virnagar; and ( d ) Construction of low cost latrines in 15 villages of Rajkot of Shivanand Mission, Saurashtra Central Group of hospitals, Virnagar-360 060, District Rajkot, Gujarat, as an eligible project or scheme for a period of two years beginning with the assessment year 1995-96 which was extended for a period of two more years, i.e., assessment years 1997-98 and 1998-99, vide S. O. No. 414(E), dated 7th June, 1996; And whereas the said project or scheme is likely to extend beyond four 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 the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of---( a ) Free Eye Camps at local villages of Saurashtra and Gujarat; ( b ) Mobile Services and Health Education surrounding Virnagar, Rajkot District of Gujarat; ( c ) Hostel for ladies at Virnagar; and ( d ) Construction of low cost latrines in 15 villages of Rajkot of Shivanand Mission, Saurashtra Central Group of hospitals, Virnagar-360 060, District Rajkot, Gujarat, at the estimated cost of rupees one hundred thirty-six lakhs only as an eligible project or scheme for a further period of three assessment years commencing from the assessment years 1999-2000. [No. 10611/F. No. NC-29/98]