Exemption u/s 35AC -notified at serial number 1. "Expenses towards surgical/ medical instruments and running of the Netra Chikitsalaya Dispensary" by Sadvichar Samiti, Gujarat, as an eligible project or scheme - 40/2009 - Income Tax

Exemption u/s 35AC -notified at serial number 1. "Expenses towards surgical/ medical instruments and running of the Netra Chikitsalaya Dispensary" by Sadvichar Samiti, Gujarat , as an eligible project or scheme NOTIFICATION New Delhi , the 25th March 2009 S.O. 839(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 1. "Expenses towards surgical/ medical instruments and running of the Netra Chikitsalaya Dispensary" by Sadvichar Samiti, V.K. Road, Behind Santram Temple, Nadiad -387001, District Kheda, Gujarat, as an eligible project or scheme for a period of three year beginning with assessment 2004-2005 and which was extended further vide notification number S.O.1410(E) dated the 4th September, 2006 for a period of three 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 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 period of three year; 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 "Expenses towards surgical/medical instruments and running of the Netra Chikitsalaya Dispensary" being carried out by Sadvichar Samiti, V.K. Road, Behind Santram Temple, Nadiad -387001, District Kheda, Gujarat, without any change in the approved cost of Rs.200.00 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. 2009-2010,2010-2011 2011-2012. [No. 40/2009/F.No. NC-274/04/2009] NAVEEN CHANDRA, Director (National Committee)