Exemption u/s 35AC -notified at serial number 12, "Wipe a tear and win a smile" by Vista India Charitable Trust, Uragapura Village, Bidadi Hobli, Ramanagaram Taluk, Bangalore Rural District, Karnataka, as an eligible project or scheme - 32/2009 - Income Tax

Exemption u/s 35AC -notified at serial number 12, "Wipe a tear and win a smile" by Vista India Charitable Trust, Uragapura Village, Bidadi Hobli, Ramanagaram Taluk, Bangalore Rural District, Karnataka, as an eligible project or scheme NOTIFICATION NO. 32/2009 DATED 18-3-2009 S.O. 769(E). - Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue), number S.O.135(E), dated the 3rd February, 2006, 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 12, "Wipe a tear and win a smile" by Vista India Charitable Trust, Uragapura Village, Bidadi Hobli, Ramanagaram Taluk, Bangalore Rural District, Karnataka - 562109, as an eligible project or scheme for a period of three years beginning with financial year 2005-2006; And whereas the said project or scheme is likely to extend beyond three 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 "Wipe a tear and win a smile" being carried out by Vista India Charitable Trust, Uragapura Village, Bidadi Hobli, Ramanagaram Taluk, Bangalore Rural District, Karnataka - 562109, without any change in the approved cost of Rs. 1.09 crore, 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. [F.No. NC-274/04/2009]