Exemption u/s 35AC - Central Government had specified for Integrated Rural Development through health and medical services by SEWA-Rural (Society for Education, Welfare and Action-Rural), Bharuch as an eligible project or scheme - S.O. 748 (E) - Income Tax

Exemption u/s 35AC - Central Government had specified for Integrated Rural Development through health and medical services by SEWA-Rural (Society for Education, Welfare and Action-Rural), Bharuch as an eligible project or scheme NOTIFICATION NO. 11068 DATED 10-9-1999 Whereas by notification of the Government of India in the Ministry of Finance number S.O. 228(E) dated the 17th March, 1994 (published at (1994) 117 CTR (St) 238], 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, Integrated Rural Development through health and medical services for rural poor and tribals, vocational training to tribals and rural poor between age of 15 to 35 years for poverty alleviation, income generation activities for development of women, promotion of gramodyog (cottage industries) for poverty alleviation and help to rural poor for constructing low cost houses, by SEWA-Rural (Society for Education, Welfare and Action-Rural), At Post Office Jhagadia, District Bharuch-393110, as an eligible project or scheme for a period of three years beginning with assessment year 1994-95 which was further extended vide S.O. No. 403(E) dated 6th June, 1996 [published at (1996) 133 CTR (St) 13], by a period of three more years commencing from the assessment year 1997-98 : And whereas the said project or scheme is likely to extend beyond six 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 Integrated Rural Development through health and medical services for rural poor and tribals, vocational training to tribals and rural poor between age of 15 to 35 years for poverty alleviation, income generation activities for development of women, promotion of gramodyog (cottage industries) for poverty alleviation and help to rural poor for constructing low cost houses, which is being carried out by SEWA-Rural (Society for Education, Welfare and Action-Rural), At Post Office Jhagadia, District Bharuch-393110, at the estimated cost of rupees four crores eighteen lakhs five thousand only as an eligible project or scheme for a further period of three years commencing from the assessment year 2000-2001. [F. No. NC-91/99]