Exemption u/s 35AC - Central Government had specified for running of Balwadi and Centre for Integrated Development of girls, boys and women slum dwellers and Centre for Development Activities for women by Swa-Roopwardhinee, Pune, Maharashtra, as an eligible project or scheme - 285(E) - Income Tax

Exemption u/s 35AC - Central Government had specified for running of Balwadi and Centre for Integrated Development of girls, boys and women slum dwellers and Centre for Development Activities for women by Swa-Roopwardhinee, Pune, Maharashtra , as an eligible project or scheme NOTIFICATION NO. 285(E) DATED 28-3-2001 Whereas by notification of the Government of India in the Ministry of Finance No. S. O. 194(E), dated the 13th March, 1995, 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 10, for running of Balwadi and Centre for Integrated Development of girls, boys and women slum dwellers and Centre for Development Activities for women at Pune, Maharashtra, by Swa-Roopwardhinee, 22/1, Mangalwar Peth, Son vane Path, Parge Chowk, Pune-411 011, Maharashtra, as an eligible project or scheme for a period of three years beginning with the assessment year 1995-96 which was extended further vide Notification No. S. 0. 264(E), dated 27th March, 1997, 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 six 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 running of Balwadi and Centre for Integrated Development of girls, boys and women slum dwellers and Centre for Development Activities for women at Pune, Maharashtra, which is being carried out by Swa-Roopwardhinee, 22/1, Mangalwar Peth, Sonvane Path, Parge Chowk, Pune-411 011, Maharashtra, at the estimated cost of rupees forty lakhs only, as an eligible project or scheme for a further period of three years beginning with the assessment year 2001-2002. [No. 85/2001/F. No. N.C. 123/2000]