Exemption u/s 35AC - Central Government notified “Provision of artificial limbs and other rehabilitation aids to amputees, polio-affected disabled persons, hard of hearing, medicines at Jaipur, Rajasthan” as an eligible project or scheme. - 21/2009/S.O. 250 (E) - Income Tax

Exemption u/s 35AC - Central Government notified "Provision of artificial limbs and other rehabilitation aids to amputees, polio-affected disabled persons, hard of hearing, medicines at Jaipur, Rajasthan" as an eligible project or scheme. NOTIFICATION New Delhi , the 21st January, 2009 S.O.250 (E). - Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 739(E) dated the 10th September, 1999, 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 7, "Provision of artificial limbs and other rehabilitation aids to amputees, polio-affected disabled persons, hard of hearing, medicines and special shoes to persons suffering from leprosy, various types of financial aids and other support for self-employment and rehabilitation of handicapped persons at Jaipur, Rajasthan" by Bhagwan Manaveer Viklang Sahayata Samiti, Sawai Man Singh Hospital Camps, Jaipur-302004, Rajasthan, as an eligible project or scheme for a period of three years beginning with assessment year 2000-2001, which was extended further vide notification number S.O.66(E) dated the 22nd January, 2003 for a period of three years beginning with assessment year 2003-2004 and which was extended further vide notification number S.O.1609(E) dated the 14th November, 2005 for a period of three years beginning with financial year 2005-2006; And whereas by notification number S.O.1609(E) dated the 14th November, 2005 the estimated cost was enhanced from Rs. 350.00 lakh to Rs.650.00 lakh; And whereas the said project or scheme is likely to extend beyond nine 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.650.00 lakh to Rs. 11.50 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), (c) hereby notifies the scheme or project "Provision of artificial limbs and other rehabilitation aids to amputees, polio-affected disabled persons, hard of hearing, medicines and special shoes to persons suffering from leprosy, various types of financial aids and other support far self-employment and rehabilitation of handicapped persons at Jaipur, Rajasthan", being carried out by Bhagwan Manaveer Viklang Sahayata Samiti, Sawai Man Singh Hospital Camps, Jaipur-302004 for a period of three more years beginning with financial year 2008-2009 i.e. 2008-2009,2009-2010 and 2010-2011. (d) further amends the said notification number S.O.739(E) dated the 10th September, 1999 to the following effect, namely: -In the said notification, in the Table against serial number 7, in column (4), relating to maximum cost for which allowed, for the letters, figures and words "Rs. 650.00 lakh" the letters, figures and words "Rs. 11.50 crore" shall be substituted. [No. 21/2009/F.No. NC-274/17/2008] NAVEEN CHANDRA, Director (National Committee)