Exemption u/s 35AC - notified at serial number 10, "Medical and educational and other relief works of Shree Santram Janseva Trust" by Shree Santram Janseva Trust, Sine Santram Mandir, Nadiad, District Kheda, Gujarat, as an eligible project or scheme - 38/2009 - Income Tax

Exemption u/s 35AC - notified at serial number 10, "Medical and educational and other relief works of Shree Santram Janseva Trust" by Shree Santram Janseva Trust, Sine Santram Mandir, Nadiad, District Kheda, Gujarat, as an eligible project or scheme NOTIFICATION New Delhi , the 25th March 2009 S.O. 837 (E) - Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.1365(E) dated the 27th November, 2003, 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 10, "Medical and educational and other relief works of Shree Santram Janseva Trust" by Shree Santram Janseva Trust, Sine Santram Mandir, Nadiad - 387001, District Kheda, Gujarat, as an eligible project or scheme for a period of three years beginning with assessment year 2004-2005 and which was extended further vide notification number S.O.1409 (E) dated the 4th September, 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 six 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; 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 "Medical and educational and other relief works of Shree Santram Janseva; Trust" being carried out by Shree Santram Janseva Trust, Shree Santram Mandir, Nadiad - 387001 District Kheda, Gujarat, without any change in the approved cost of Rs.250.00 lakh including a corpus fund of Rs.50.00 lakh, as an eligible project or scheme for a further period of three years beginning with financial year 2009-2010 i.e. 2009-10, 2010-2011 2011-2012: [No.38/2009/F:No. NC-274/04/2009] NAVEEN CHANDRA, Director (National Committee)