Exemption u/s 35AC - Central Government had specified for construction, equipment, furnishing of Navajyoti Centre for mentally handicapped and corpus fund of Association for Advancement and Rehabilitation for Handicapped (Aaroh), New Delhi as an eligible project or scheme - S. O. 683(E) - Income Tax

Exemption u/s 35AC - Central Government had specified for construction, equipment, furnishing of Navajyoti Centre for mentally handicapped and corpus fund of Association for Advancement and Rehabilitation for Handicapped (Aaroh), New Delhi as an eligible project or scheme NOTIFICATION NO. S. O. 683 ( E ) DATED 11-8-1998 Whereas by Notification Number S. O. 791(E), dated 18th September, 1995, 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 9, construction, equipment, furnishing of Navajyoti Centre for mentally handicapped and corpus fund of Rs. 30 lakhs for running the centre at Pocket XI, Sector B, Vasant Kunj, New Delhi of Association for Advancement and Rehabilitation for Handicapped (Aaroh), 224, Vasant Enclave, New Delhi-110 057, as an eligible project or scheme for a period of three years beginning with assessment year 1996-97; And whereas the said project or scheme is likely to extend beyond three 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 construction, equipment, furnishing of Navajyoti Centre for Mentally Handicapped and corpus fund of Rs. 30 lakhs for running the centre at Pocket XI, Sector B, Vasant Kunj, New Delhi of Association for Advancement and Rehabilitation for Handicapped (Aaroh), 224, Vasant Enclave, New Delhi-110 057, at the estimated cost of rupees fifty-one lakhs only as an eligible project or scheme for a further period of three assessment years commencing from assessment year 1999-2000. [No. 10664/F. No. NC-80/98]