Exemption u/s 35AC - Central Government notified "Construction of Tutorial and Children activity hall/Compound Wall, equipments, vehicle, furnishing and running of AnjaliHospital, T.B. Centre and Children and Educational Activities at Ranasan-Harsol-Sabarkantha Gujarat as an eligible project or sche - 12/2009/S.O. 241(E) - Income Tax

Exemption u/s 35AC - Central Government notified "Construction of Tutorial and Children activity hall/Compound Wall, equipments, vehicle, furnishing and running of Anjali Hospital , T.B. Centre and Children and Educational Activities at Ranasan-Harsol-Sabarkantha Gujarat as an eligible project or scheme NOTIFICATION New Delhi , the 21st January, 2009 S.O. 241(E).- Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O.591(E), dated the 20th August, 1997, 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, "Construction of Tutorial and Children activity hall/Compound Wall, equipments, vehicle, furnishing and running of Anjali Hospital, T.B. Centre and Children and Educational Activities at Ranasan-Harsol-Sabarkantha Gujarat by ANJALI (Society for Rural Health and Development), Post-Ranasan, Via Harsol, Taluka-Prantij, Sabarkantha, Gujarat 383305, as an eligible project or scheme for a period of three years beginning with financial year 1998-1999 which was extended further vide notification number S.O. 872(E) dated the 21st September, 2000 for a period of three years beginning with assessment year 2001-2002, which was extended further vide notification number S.O.350(E), dated the 31st March, 2003 for a period of three years beginning with assessment year 2004-2005 and which was extended further vide notification number S.O. 1003(E), dated the 5th July, 2006 for a period of three years beginning with financial year 2006-2007; And whereas by notification number S.O.1003(E), dated the 5th July, 2006 the estimated cost was enhanced from Rs. 33.00 lakh plus a corpus fund of Rs. 25.00 lakh to Rs. 171.00 lakh including a corpus find of Rs. 25.00 lakh; And whereas the said project or scheme is likely to extend beyond twelve 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 "Construction of Tutorial and Children activity Hall/Compound Wall, equipments, vehicle, furnishing and running of Anjali Hospital, T.B. Centre and Children and Educational Activities at Ranasan-Harsol-Sabarkantha, Gujarat" being carried out by ANJALI (Society for Rural Health and Development), Post- Ranasan, Via Harsol, Taluka-Prantij, Sabarkantha, Gujarat -383305 without any change in the approved cost of Rs.171.00 lakh including a corpus fund of Rs. 25.00 lakh as an eligible projector scheme for a further period of three years beginning with financial year 2009-2010 i.e.2009-2010,2010-2011 and 2011-2012. [No.12/2009/F.No. NC-274/17/2008] NAVEEN CHANDRA, Director (National Committee)