Notification u/s 35AC - Construction of Maharaja Agrasen Hospital at Agroha, District Hisar, Haryana by Maharaja Agrasen Medical Education & Scientific Reasearch Society, Dayanand Bhawan, 3/5, Asaf Ali Road, Darya Ganj, New Delhi, - S.O. 1269(E) - Income Tax

NOTIFICATION New Delhi, the 28th December, 2001 S.O. 1269(E).- Whereas by notification of the Government of India in the Ministry of Finance number S.O.602(E) dated the 12 th August, 1993 as amended by S.O. 524(E) dated the 14 th July, 1994 and S.O. 200(E) dated 12 th March, 1998, issued under 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 3, for Construction of Maharaja Agrasen Hospital at Agroha, District Hisar, Haryana by Maharaja Agrasen Medical Education Scientific Reasearch Society, Dayanand Bhawan, 3/5, Asaf Ali Road, Darya Ganj, New Delhi, as an eligible project or scheme for a period of three years beginning with assessment year 1994-1995 which was extended further vide notification numbers S.O.94(E) dated the 2 nd February, 1996 for a period of two years beginning with assessment year 1997-1998 and S.O.200(E)-dated the 12 th March, 1998 for a period of three years beginning with assessment year 1999-2000; And whereas the said project or scheme is likely to extend beyond eight years; And whereas the National Committee has, 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 of Maharaja Agrasen Hospital at Agroha, District Hisar, Haryana, which is being carried out by Maharaja Agrasen Medical Education Scientific Research Society, Dayanand Bhavan, 3/5, Asaf Ali Road, Darya Ganj, New Delhi, at the estimated cost of rupees forty crores only, as an eligible project or scheme for a further period of three years commencing from assessment year 2002-2003. No. 374-2001/ F. No. NC-118/2001 (G.C. SRIVASTAVA, Secy, N.C)