Exemption u/s 35AC - Central Government had specified for health for all comprising running of 50 bedded hospital, general dispensary, child and mother care centre. T. B. Clinic and conducting medical camp by Shree Bidada Sarvodaya Trust, Mumbai, as an eligible project or scheme - S.O.1211(E) - Income Tax

Exemption u/s 35AC - Central Government had specified for health for all comprising running of 50 bedded hospital, general dispensary, child and mother care centre. T. B. Clinic and conducting medical camp by Shree Bidada Sarvodaya Trust, Mumbai, as an eligible project or scheme NOTIFICATION NO. S.O.1211(E) DATED 12-12-2001 Whereas by notification of the Government of India in the Ministry of Finance Number S. 0. 740(E), dated the 12th October, 1994, as amended by S.O. 11(E), dated the 4th January, 2000, 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 5, for health for all comprising running of 50 bedded hospital, general dispensary, child and mother care centre. T. B. Clinic and conducting medical camp on Pneumatic heart diseases at Village Bidada, Taluka Mandv of Kutch Gujarat, by Shree Bidada Sarvodaya Trust, C/o Laxmichand Vishaji Rambhai, Plot No. 62, Dattashram, 2nd Floor, Sir Bhalchandra Road, Hindu Colony, Road No. 2, Dadar (C. R.), Mumbai-400 014, as an eligible project or scheme for a period of two years commencing from the assessment year 1995-1996 which was I extended further vide notification numbers S. 0. No. 215(E), dated the 19th March, 1996, for a period of two years commencing from the assessment year 1997-1998 and S. 0. No. 430(E), dated the 19th May, 1998, for a period of three years commencing from the assessment year, l999-2000 ; And whereas the said project or scheme is likely to extend beyond seven 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 health for all comprising running of 50 bedded hospital, general dispensary, child and mother care centre, T. B. Clinic and conducting medical camps on Pneumatic heart diseases at Village Bidada, Taluka Mandv of Kutch, Gujarat, which is being carried out by Shree Bidada Sarvodaya Trust, C/o. Laxmichand Vishaji Rambhai, Plot No. 62, Dattashram, 2nd Floor, Sir Bhalchandra Road, Hindu Colony, Road No. 2, Dadar (C. R.), Mumbai-400 014, at the estimated cost of rupees two crores eighty seven lakhs seventy one thousand only, as an eligible project or scheme for a further period of three years commencing from the assessment year 2002-2003. [No. 359-2001/F. No. NC-106/2001]