Exemption u/s 35AC - Approved various institution as an eligible Project or scheme - 11280 - Income Tax

Exemption u/s 35AC - Approved various institution as an eligible Project or scheme NOTIFICATION NO. 11280 DATED 23-3-2000 S.O. 268 (E) - In exercise of the powers conferred by sub-section (1) read with clause ( b ) to the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government on the recommendations of the National Committee, hereby approves the Institutions mentioned in column (2) of the Table below and specifies the eligible projects or schemes and the estimated cost thereof as mentioned in column (3) of the said Table and also specifies in the column (4) of the said Table, the maximum amount of such cost which may be allowed as deduction under said section 35AC, namely : TABLE Serial Number Name of the institutions Project or scheme and estimated cost thereof Maximum amount of cost to be allowed as deduction under section 35AC (1) (2) (3) (4) 1. BREAD (Bureau of Rural Eco nomical and Agricultural Development), MohallaPirmo hani Lane No. 3, P. O. Kadam kuan, Patna-800 003 (Bihar) Young Women Education Project in six villages (Sabalpur, Punadit, Hanuman, Nizampur, Kasara, Natha Chak) Punadih and Sabalpur Panchayats of Patna Sadar Block, Bihar, likely cost ₹ 11.26 lakhs. ₹ 3.56 lakhs 2. Jamnalal Bajaj Foundation, Bajaj Bhavan, 2nd Floor, 226, Jamnalal Bajaj Marg, Nariman Point, Mumbai-400 021. Rural Development Project at Wardha/Gola (Mahara-shtra) ; Shikohabad (U.P.); likely to cost ₹ 10.69 lakhs. ₹ 10.69 lakhs 3. Rural Youth Development Organisation (RYDO), Khengi jang Village, Kumbipukhri, Chrachandpur-795 128 (Mani-pur). Construction of Pig Sty (Shed), purchase of equip- ments/tools, piglets, feeds, fodders, medicines and running of Piggery Deve lopment Programme at Village Khengjang, Jang-lenphai, Tuijang, Jangno-mphai, Churachandpur, District-Manipur, likely to cost ₹ 41.19 lakhs. ₹ 41.19 lakhs 4. Shree Vardhman Jivdaya Ken dra (Luni Kutch), C/o. Ashok General Store, 200, 3rd Kumb harvada, Somji Buildings, Mumbai-4. Running of Animal Shelter and Rescue Home (Panj rapole) and medical camps at Luni village (Kutch) and nearby villages ; likely to cost ₹ 100 lakhs ₹ 74 lakhs 5. Shree Anandabava Netra Chikitshalaya, C/o. Gopal Bhu van, Anandbava Road, Limda Lane, Jamnagar-361 001. (a) Construction of Kid ney Hospital ; (b) Purchase of equip ments ; (c) Running expenses (corpus fund) ; at Anand Marg, Jamnagar ; likely to cost ₹ 523 lakhs (including a coprus fund of ₹ 300 lakhs). ₹ 523 lakhs (including a corpus fund of ₹ 300 lakhs) 6. Vaishnav Seva Samaj Public Charitable Trust, Kamal Kunj, Sindhi Society, Gali No. 1, Block No. 7, Sion (W), Mumbai-400 022. Purchase of premises for hospital/purchase of equipments/instruments and running of hospital at Sindhi Society, Sion (W), Mumbai ; likely to cost ₹ 545 lakhs (includ ing a corpus fund of ₹ 100 lakhs). ₹ 545 lakhs (including a corpus fund of ₹ 100 lakhs) 7. Chandra Prakash Public Chari table Trust, Jatwara Road, Kaimganj, DistristFarru khabad (U.P.) Construction of building with amenities, furnish ing of Shakuntla Devi Mahila Mahavidyalaya and Balika Inter College at Kaimganj, District Farrukhabad (U.P.) ; likely to cost ₹ 343 lakhs. ₹ 281 lakhs 8. Srinivasan Services Trust, Jaya lakshmi Estates, 8, Haddows Road, Chennai-600 006. 1 [ the Committee allowed inclusion of 8 villages namely Kohakondapalli, Mookandapalli, Mathigiri, Belagondapalli, Bethlapalli, Padi, Vangaram and Mappedu in the approved project ] ; likely to cost ₹ 700 lakhs. 2 [ ₹ 18.95 crore ] 9. The South Indian Education Society, S. I. E. S. Chowk, K. A. Subramaniam Road, Matunga, Mumbai-400 019. (a) Green Rating of Cor porations/ Industries ; (b) Green Accounting Pro cedures in Corpora tions and Industries ; (c) Centre for promotion of cleaner technolo gies ; (d) Eco-aquaculture and Environment Mana gement for Coastal Aquaculture Farms ; at Sector-V, Plot 1-D, Nerul, Navi Mumbai ; likely to cost ₹ 2808.98 lakhs. ₹ 2808.98 lakhs 10. Saurashtra Kidney Research Institute, Rajkot, Shri Devjibhai Gokaldas Patel, C/o. Kansagara Hospital, opp. Astron Cinema, Rajkot-360 001. Construction of building, furnishing, purchase of instruments/equipments and running of B. T. (Bhagwanji Tribhovan bhai) Savalni Kidney Hos pital of Saurashtra Kidney Research Institute at Rajkot, Gujarat ; likely to cost ₹ 920 lakhs (including a corpus fund of ₹ 245 lakhs.) ₹ 652.80 lakhs (includ ing a corpus fund of ₹ 245 lakhs). 2. This notification shall remain in force for a period of one year in relation to assessment year 2000-2001 in respect of project or scheme mentioned at serial number 2 and for a period of three years in relation to assessment years 2000-2001, 2001-2002 and 2002-2003 in respect of projects or schemes mentioned at serial numbers 1, 3, 4, 5, 6, 7, 8, 9 and 10 of the Table. [F. No. NC 5/2000] ********** Notes 1. Substituted vide Notification No. 192 of 2003 dated 05-08-2003 before it was read as Rural Development Projects at Thirukkurungudi, Padavedu, Erattai Thiru-pathi and Thirukkolur villages of Tamilnadu and Kembal village of Karnataka 2. Substituted vide NOTIFICATION NO. 127/2013 DATED 27-12-2013 . Earlier substituted vide NOTIFICATION NO. 70/2011 DATED 14-6-2011