Exemption u/s 35AC - C. G. had notified , 'Comprehensive rehabilitation, medical & human resource development services for the blind and disabled' by Blind People's Association, Ahmedabad, Gujarat, as an eligible project or scheme - amendment in N. No. S.O. 1111(E), dated the 8th August, 2005 - S.O. 2394(E) - Income Tax

Exemption u/s 35AC - C. G. had notified , 'Comprehensive rehabilitation, medical human resource development services for the blind and disabled' by Blind People's Association, Ahmedabad, Gujarat, as an eligible project or scheme - amendment in N. No. S.O. 1111(E), dated the 8th August, 2005 Notification No. 73/2008 [F. No. NC-274/13/2008] S.O. 2394(E) Dated 3-10-2008 Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 1111(E), dated the 8th August, 2005, 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 2, 'Comprehensive rehabilitation, medical human resource development services for the blind and disabled' by Blind People's Association, Jagdish Chowk, Surdas Marg, Vastrapur, Ahmedabad - 380 015, Gujarat, 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 the 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 and amending the project cost from Rs. 2.50 crore to Rs. 6.00 crore; 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),— ( a ) hereby notifies the scheme or project 'Comprehensive rehabilitation, medical and human resource development services for the blind and disabled', being carried out by Blind People's Association, Jagdish Chowk, Surdas Marg, Vastrapur, Ahmedabad - 380 015 for a period of three more years beginning with financial year 2008-09. ( b ) further amends the said notification number S.O. 1111(E), dated the 8th August, 2005, to the following effect, namely :— In the said notification, in the Table against serial number 2, in column (4), relating to maximum cost for which allowed, for the letters, figures and word 'Rs. 2.50 crore' the letters, figures and word 'Rs. 6.00 crore' shall be substituted.