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Exemption u/s 35AC - central government had notified, "higher education for handicapped especially visually handicapped" by voice of the world, chidma mudi lane, kolkata as an eligible project or scheme for a period of three years beginning with f. y. 2005-06 - S.O. 2398(E) - Income TaxExtract Exemption u/s 35AC - central government had notified, "higher education for handicapped especially visually handicapped" by voice of the world, chidma mudi lane, kolkata as an eligible project or scheme for a period of three years beginning with f. y. 2005-06 Notification No. 77/2008 [F.No. NC-274/13/2008] S.O. 2398(E) dated 3-10-2008 Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 458(E), dated the 30th March, 2006, issued under 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 had notified at serial number 3, "Higher education for handicapped especially visually handicapped" by Voice of the World, Chidma Mudi Lane, Kolkata - 700 006, as an eligible project or scheme for a period of three years beginning with financial year 2005-06; And whereas the said project or scheme is likely to extend beyond three years; And whereas the National Committee for Promotion of Social and Economic Welfare, 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 extending 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 notifies the scheme or project "Higher education for handicapped especially visually handicapped" being carried out by Voice of the World, Chidma Mudi Lane, Kolkata - 700 006, without any change in the approved cost of Rs. 64.28 lakh, as an eligible project or scheme for a further period of three years beginning with financial year 2008-09.
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