Exemption u/s 35AC - Central Government had specified for Expansion of Outreach programmes rural areas at neighbouring villages of Uttar Pradesh, Haryana and Rajasthan of Ishwar Eye Institute New Delhi as an eligible project or scheme - S. O. 837(E) - Income Tax

Exemption u/s 35AC - Central Government had specified for Expansion of Outreach programmes rural areas at neighbouring villages of Uttar Pradesh, Haryana and Rajasthan of Ishwar Eye Institute New Delhi as an eligible project or scheme NOTIFICATION NO. S. O. 837 ( E ) DATED 18-9-1998 Whereas by Notification Number S. O. 471(E), dated 26th May, 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 13, Expansion of Outreach programmes for rural areas at neighbouring villages of Uttar Pradesh, Haryana and Rajasthan of Ishwar Eye Institute as amended to Ishwar Charitable Trust (Ishwar Eye Institute)---ICARE vide S. O.No. 216(E), dated 19th March, 1996, N-132, Panchshilla Park, New Delhi-110 017, as an eligible project or scheme for a period of three years beginning with the 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 Expansion of Outreach programmes for rural areas at neighbouring villages of Uttar Pradesh, Haryana and Rajasthan of Ishwar Charitable Trust (Ishwar Eye Institute)---ICARE, N-132, Panchshilla Park, New Delhi-110 017, at the estimated cost of rupees two hundred eight lakhs ninety-seven thousand only as an eligible project or scheme for a further period of three assessment years commencing from the assessment year 1999-2000. [No. 10703/F. No. NC-92/98]