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Exemption u/s 35AC - Central Government had specified for Yogiji Maharaja Mahavidyalaya and Educational Complex (College) for rural women by Anoopam Mission, Gujarat, as an eligible project or scheme - 11295 - Income TaxExtract Exemption u/s 35AC - Central Government had specified for Yogiji Maharaja Mahavidyalaya and Educational Complex (College) for rural women by Anoopam Mission, Gujarat , as an eligible project or scheme NOTIFICATION NO. 11295 DATED 29-3-2000 Whereas by notification of the Government of India in the Ministry of Finance, (Department of Revenue) number S.O. 15(E) dated the 11th January, 1994, (published at (1994) 116 CTR (St) 53] issued under clause ( b ) to the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 13, Yogiji Maharaja Mahavidyalaya and Educational Complex (College) for rural women at Dhari, Gujarat by Anoopam Mission, Brahmajyoti Yogiji Marg, Mogri, via Anand, Gujarat-388345, as an eligible project or scheme for a period of three years beginning with assessment year 1994-95, which was extended vide S.O. 407(E) dated 3rd May, 1995 [published at (1995) 125 CTR (St) 92] for a period of three more years beginning with assessment year 1996-97, which was further extended vide S.O. 389(E) dated 19th May, 1997 [published at (1997) 140 CTR (St) 5] by a period of two more years beginning with assessment year 1999-2000 ; And whereas the said project or scheme is likely to extend beyond eight years : And whereas the National Committee 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 Yogiji Maharaja Mahavidyalaya and Educational Complex (College) for rural women at Dhari, Gujarat which is being carried out by Anoopam Mission, Brahmajyoti Yogiji Marg, via Anand, Gujarat-388345, at the estimated cost of rupees one hundred ninty-four lakhs fifty thousand plus a corpus fund of rupees eighty six lakhs fifty thousand only, as an eligible project or scheme for a further period of three years beginning with assessment year 2001-2002. [F. No. NC-5 2000]
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