Central Government had specified for construction of Mahakavi Bharathivar School Building Complex at Kasuva Village, Thiruinaravur, Tamilnadu, by Sevalaya, 109, V.M. Street, Mylopore, Chennai - 264/2003- S.O. 1252(E) - Income Tax

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 30 th October, 2003 S.O. 1252(E) - Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 388(E) dated the 19 th May, 1997, 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 6, for construction of Mahakavi Bharathivar School Building Complex at Kasuva Village, Thiruinaravur, Tamilnadu, by Sevalaya, 109, V.M. Street, Mylopore, Chennai- 600004, as an eligible project or scheme for a period of three years beginning with assessment year 1998-99 and which was extended further vide notification number S.O. 1173(E) dated 26 th November, 1999 as an eligible project or scheme for a period of three years beginning with assessment year 2001-2002; And whereas the said project or scheme is likely to extend beyond six years; And whereas, the National Committee for the Promotion of Social and Economic Welfare, 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 Mahakavi Bharathivar School Building Complex at Kasuva Village, Thiruninaravur, Tamilnadu, which is being carried out by by Sevalaya, 109, V.M. Street, Mylopore, Chennai- 600004 at the estimated cost of rupees one crore twelve lakhs only, as an eligible project or scheme for a further period of three year commencing from the assessment year 2004-2005. . [F. NO. 264-2003/F.NO. NC-224/2003] A.J. MAJUMDAR, Secy. (National Committee)