Exemption u/s 35AC - Central Government notified "Construction, equipments, furnishing and running of Andh Kalyan Kendra at Village Ranip, District Ahmedabad, Gujarat" as an eligible project or scheme. - 06/2009/S.O. 235(E) - Income Tax

Exemption u/s 35AC - Central Government notified "Construction, equipments, furnishing and running of Andh Kalyan Kendra at Village Ranip, District Ahmedabad, Gujarat " as an eligible project or scheme. NOTIFICATION New Delhi , the 21st January, 2009 S.O. 235(E) - Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue ) number S.O. 193(E) dated the 14th March, 1996, issued under 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 15, "Construction, equipments, furnishing and running of Andh Kalyan Kendra at Village Ranip, District Ahmedabad, Gujarat" by Andh Kalyan Kendra, (Behind Welfare Centre), 20, Navroop Colony, Shanti Nagar, Ashram Road, Ahmedabad-380013, Gujarat, as an eligible project or scheme for a period of three years beginning with assessment year 1997-1998, which was extended further vide notification number S.O. 316(E) dated the 11th May, 1999 for a period of three years beginning with assessment year 2000-2001, which was extended further vide notification number S.O. 1111(E) dated the 24th October, 2002 for a period of three years beginning with assessment year 2003-2004 and which was extended further vide notification number S.O.1000(E) dated the 5th July, 2006 for a period of two years beginning with financial year 2006-2007; And whereas the said project or scheme is likely to extend beyond eleven 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 11 M of the Income-tax Rules, 1962 , for extended 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 (43of 1961), hereby notifies the scheme or project "Construction, equipments furnishing and running of Andh Kalyan Kendra at Village Ranip, District Ahmedabad" being carried out by Andh Kalyan Kendra, (Behind Welfare Centre), 20, Navroop Colony, Shanti Nagar, Ashram Road, Abmedabad-380013, without any change in the approved cost of Rs 105.97 lakh, as an eligible project or scheme for a further period of three years beginning with financial year 2008-2009 i.e. 2008-2009,2009-2010 and 2010-2011. [No. 6/2009/F.No. NC-274/17/2008] NAVEEN CHANDRA, Director (National Committee)