Exemption u/s 35AC - Central Government had specified for construction of community hall-cum-training centre; child educational support programme;for Bhaje School by Social Action for Manpower Creation (SAMPARC), Pune, as an eligible project or scheme - S.O.917(E) - Income Tax

Exemption u/s 35AC - Central Government had specified for construction of community hall-cum-training centre; child educational support programme;for Bhaje School by Social Action for Manpower Creation (SAMPARC), Pune, as an eligible project or scheme NOTIFICATION NO. S.O.917(E) DATED 20-9-2001 Whereas by notification of the Government of India in the Ministry of Finance No. S.O. 422(E), dated the 19th May, 19985, 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 community hall-cum-training centre with 12 rooms for accommodation of trainees; ( b ) child educational support programme; ( e ) hostel in Wandre project; ( d ) women's training programme; and ( e ) construction of extension building for Bhaje School at Pune and surrounding areas of Maharashtra, by Social Action for Manpower Creation (SAMPARC), Village Bhage, Railway Station Malavali, Taluk-Mabal, District Pune-410 405, as an eligible project or scheme for a period of three years beginning with the assessment year 1999-2000; 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 community hall-cum-training centre with 12 rooms for accommodation of trainees; ( b ) child educational support programme; ( c ) hostel in Wandre project; ( d ) women's training programme; and ( e ) construction of extension building for Bhaje School at Pune and surrounding areas of Maharashtra, which is being carried out by Social Action for Manpower Creation (SAMPARC), Village-Bhage, Railway Station Malavali, Taluk-Mabal, District Pune-410 405, at the estimated cost of rupees fifty seven lakhs sixty six thousand only, as an eligible project or scheme for a further period of three years commencing from the assessment year 2002-2003. [No. 288-2001-F.No. N.C-83-2001]