Exemption u/s 35AC - Central Government had specified for Furnishing and running of Society for the Education of the Crippled, centre for independent living; for the Education of the Crippled (Child and Adult), Agripada Manicipal School Building, Bombay, as an eligible project or scheme - 11499 - Income Tax

Exemption u/s 35AC - Central Government had specified for Furnishing and running of Society for the Education of the Crippled, centre for independent living; for the Education of the Crippled (Child and Adult), Agripada Manicipal School Building, Bombay, as an eligible project or scheme NOTIFICATION NO. 11499 DATED 21-9-2000 S.O.859(E) - Whereas by notification of the Government of India in the Ministry of Finance number S.O. 521(E), dated the 14th July, 1994, 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 8-( a ) Furnishing and running of Society for the Education of the Crippled, centre for independent living; ( b ) Furnishing and running of society for the Education of the Crippled Antop Hill School, by Society for the Education of the Crippled (Child and Adult), Agripada Manicipal School Building, Multibai Street, Bombay-400001, as an eligible project or scheme for a period of three years beginning with assessment year 1995-96, which was extended further vide notification number S.O. 216(E), dated 17th March, 1997 [published at (1997) 138 CTR (St) 2131 for a period of three years beginning with assessment year 1998-99; And whereas the said project or scheme is likely to extend beyond six 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 ( a ) Furnishing and running of Society for the Education of the Crippled, centre for Independent living; ( b ) Furnishing and running of Society for the Education of the crippled, Antop Hill School, which is being carried out by Society for the Education of the Crippled (Child and Adult), Agripada Municipal School Building, Multibai Street, Bombay-400001, at the estimated cost of rupees eighty one 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-73/2000]