Exemption u/s 35AC - Approved various institution as an eligible Project or scheme - 11490 - Income Tax

Exemption u/s 35AC - Approved various institution as an eligible Project or scheme NOTIFICATION NO. 11490 DATED 21-9-2000 S.O. 850 (E) - 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), 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 column (4) of the said Table, the maximum amount of such cost which may be allowed as deduction under the said section 35AC, namely : TABLE Serial No. 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. The Gujarat Cancer Society, New Civil Hospital Campus, Asarwa, Ahmedabad-380 016, Gujarat. Project for free treatment for cancer patients at New Civil Hospital Campus, Asarwa, Ahmedabad-380 016, Gujarat ; likely to cost ₹ 611 lakhs 3 [ ₹ 1360 lakh ] 2. Sundaram Medical Foundation, 21, Patullos Road, Chennai-600 002. Purchase of vans, wheel chair, stretcher, projector, TV/ VCR, camera, computer, col our printer, office equipments, furnishing and running of Can-Stop project at Chennai ; likely to cost ₹ 120 lakhs. ₹ 120 lakhs 3. Bhavnagar Vruddhashram Trust, Plot No. 1260/61, Ghogha Circle, Vruddhash ram (Jeeva Sandhya Sushru sha Dham), Krishnanagar, Bhavnagar-1, Gujarat. Construction of building, purchase of equipments, furnishing/ fixtures and running of Vruddhashram (Jeevan Sandhya Sushrusha Dham), Bhavnagar, Gujarat ; likely to cost ₹ 600 lakhs including a corpus fund of ₹ 125 lakhs ₹ 550 lakhs (including a corpus fund of ₹ 125 lakhs). 4. Dharti Social and Rural Development Society, Jagdish Singh Campus, Chandra Niwas, Matwari, Hazari-bagh (Bihar) Construction of village link road (length : 16 kms.) from Nimi Chitto Road via Salgo Lame to Basal at Patratu Block, Hazaribagh, Bihar ; likely to cost ₹ 135.48 lakhs ₹ 6.77 lakhs 5 Watershed Organisation Trust (WOTR), Paryavaran, Behind Market Yard, Ahmednagar- 414 001, Maharashtra. Running of activities for promotion of watershed development in rain-fed areas in Maharashtra State ; likely to cost ₹ 350 lakhs (corpus fund). ₹ 300 lakhs (corpus fund). 6. Dr. J. C. Patel Medical Research Foundation, C/o. Dr. B.C. Mehta, 3A, Vivina Building, Super Shopping Centre, S. V. Road, Andheri (West), Mumbai-400 056. Purchase of equipments and running of hospital at Mumbai ; likely to cost ₹ 1511 lakhs. ₹ 1209 lakhs 7. Dr. Reddy's Foundation for Human and Social Development, 401, Bakul Apartments, 7-1-78/1, Dharam Karam Road, Ameerpet, Hyderabad-500 016. (a) Child and police project ; (b) Training of Micro Enterpreneurs in Sanitation ; (c) Micro Credit Programme with Share at Andhra Pradesh ; likely to cost ₹ 591.66 lakhs ₹ 591.66 lakhs 8. Shree Pragati Foundation, Janki Niwas, Ganesh Gawde Road, Mulund (W), Mumbai-400 080. Construction of 150 beded hospital building (Matushri Hira Mongi Hospital) consisting of basement, ground, two upper and third floor (appox. 65,000 sq. ft.) at vil lage Mulund (West), Mumbai ; likely to cost ₹ 346 lakhs ₹ 346 lakhs. 9. R. R. Foundation, 72, MIDC, Marol Industrial Area, Cross Road C , Andheri (E), Mumbai-400 093. Construction of school building at Chakan, Pune, Maharashtra ; likely to cost ₹ 106 lakhs ₹ 99 lakhs 10. Bochasanwasi Shri Akshar Purushottam Public Charitable Trust, Accounts Depart ment Dharam Sadan, Shri Swaminarayan Mandir Shahibaug Road, Ahmedabad-380 004. Purchase of equipments, instruments, office and hospital furniture and running of Pramukh Swami Hospital at Dabhoi, Baroda District, Gujarat ; likely to cost ₹ 202 lakhs (including a corpus fund of ₹ 100 lakhs) ₹ 202 lakhs (including a corpus fund of ₹ 100 lakhs) 11. Smt.Kamla Mehta Dadar School for the Blind, 160, Dadasaheb Phalke Road, Mumbai-400 014. Construction of building for hostel for visually impaired college students and work ing women and running of school for visually impaired girls at Dadar, Mumbai ; likely to cost ₹ 100 lakhs (including a corpus fund of ₹ 30 lakhs) ₹ 100 lakhs (including a corpus fund of ₹ 30 lakhs) 2. This notification shall remain in force for a period of three years in relation to assessment years 2001-2002, 2002-2003 and 2003-2004 in respect of projects or schemes mentioned in the Table. [F. No. NC-73/2000] ********* Notes 1. Substituted vide Notification No. 2/2007 [F.No.NC-274/3/2007] dated 16-7-2007 before it was read as ₹ 611 lakhs 2. Substituted vide NOTIFICATION No. S.O. 2041(E) dated 06-08-2009 before it was read as 1 [ ₹ 860.00 lakhs ] 3. Substituted vide NOTIFICATION NO. 174/2015 DATED 20-7-2015 before it was read as 2 [ ₹ 1110.00 lakh ]