Exemption u/s 35AC - Central Government had specified for purchase of instruments/equipments and furnishing of Andh Apang Kalyan Kendra by Andh Apang Kalyan Kendra, Ahmedabad, as an eligible project or scheme - 512(E) - Income Tax

Exemption u/s 35AC - Central Government had specified for purchase of instruments/equipments and furnishing of Andh Apang Kalyan Kendra by Andh Apang Kalyan Kendra, Ahmedabad, as an eligible project or scheme NOTIFICATION NO. 512(E) DATED 26-4-2000 Whereas by notification of the Government of India in the Ministry of Finance Number S. O. 198(E), dated 12th March, 1998, 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 2, purchase of instruments/equipments and furnishing of Andh Apang Kalyan Kendra at Ahmedabad, Gujarat, by Andh Apang Kalyan Kendra, Near Janata Nagar Railway Crossing, village-Ghatlodia, District-Ahmedabad-380 061, as an eligible project or scheme for a period of three years beginning with the assessment year 1998-99. And whereas the said project or scheme is likely to extend beyond three 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 purchase of instruments/equipments and furnishing of Andh Apang Kalyan Kendra at Ahmedabad, Gujarat by Andh Apang Kalyan Kendra, Near Janata Nagar Railway Crossing, village-Ghatlodia, District-Ahmedabad-380 061, at the estimated cost of rupees thirty lakhs only, as an eligible project or scheme for a further period of three years beginning with the assessment year 2001-2002. [No. 11395/F. No. NC-37/2000]