Exemption u/s 35AC - Central Government had specified for construction of building, medical equipments, furnishing, ambulance and preliminary expenses of 30 bed hospital and community health workers' programme by Dr. M. L. Dhawale Memoraial Trust, Mumbai, as an eligible project or scheme - 283(E) - Income Tax

Exemption u/s 35AC - Central Government had specified for construction of building, medical equipments, furnishing, ambulance and preliminary expenses of 30 bed hospital and community health workers' programme by Dr. M. L. Dhawale Memoraial Trust, Mumbai, as an eligible project or scheme NOTIFICATION NO. 283(E) DATED 28-3-2001 Whereas by notification of the Government of India in the Ministry of Finance No. S. O. 862(E), dated 12th December, 1997, 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 4, for ( a ) construction of building, medical equipments, furnishing, ambulance and preliminary expenses of 30 bed hospital ; ( b ) modernisation of existing hospital, medical equipment, furnishing, ambulance, preliminary expenses ; and ( c ) undertaking mobile health clinics and community health workers' programme at Maharashtra, by Dr. M. L. Dhawale Memoraial Trust, C/o. Dr. K. M. Dhawale, Sekhsaria Building, 40, Parekh Street, Girgaum, Mumbai-400 004, as an eligible project or scheme for a period of three years beginning with the assessment year 1998-1999 ; And whereas the said project or scheme is likely to extend beyond three 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 ( a ) construction of building, medical equipment, furnishing, ambulance and preliminary expenses of 30 bed hospital ; ( b ) modernisation of existing hospital, medical equipment, furnishing, ambulance, preliminary expenses ; and ( c ) undertaking mobile health clinics and community health clinics and community health workers' programme at Maharashtra, which is being carried out by Dr. M. L. Dhawale Memorial Trust, C/o. Dr. K. M. Dhawale, Sekhsaria Building, 40 Parekh Street, Girgaum, Mumbai-400 004, at the estimated cost of rupees two crores seventy lakhs plus a corpus fund of rupees thirty six lakhs only, as an eligible project or scheme for a further period of three years beginning with the assessment year 2001-2002. [No. 83/2001/F. No. N.C. 123/2000]