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Exemption u/s 35AC -specified at serial number 1, "Running of "Lifeline Express" (the hospital on wheels)" by Impact India Foundation, NHAVA House, 1st Floor, 65, Maharshi Karve Road, Marine Lines, Mumbai, as an eligible project or scheme - 93/2009 - Income TaxExtract Exemption u/s 35AC -specified at serial number 1, "Running of "Lifeline Express" (the hospital on wheels)" by Impact India Foundation, NHAVA House, 1st Floor, 65, Maharshi Karve Road , Marine Lines, Mumbai, as an eligible project or scheme NOTIFICATION New Delhi , the 6th August, 2009 S.O. 2055(E).- Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue), number S.O.373(E) dated the 19th March, 2004, 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 specified at serial number 1, "Running of "Lifeline Express" (the hospital on wheels)" by Impact India Foundation, NHAVA House, 1st Floor, 65, Maharshi Karve Road, Marine Lines, Mumbai - 400002, as an eligible project or scheme for a period of three years beginning with financial year 2003-2004 and which was extended further vide notification number S.O.1823(E) dated the 26th October, 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 specifying 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 specifies the scheme or project "Running of "Lifeline Express" (the hospital on wheels)", which is being carried out by Impact India Foundation, NHAVA House, 1st Floor, 65, Maharshi Karve Road, Marine Lines, Mumbai - 400002, without any change in the approved cost of Rs. 351.02 lakhs including a corpus fund of Rs.119.19 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. 93/2009/F. No NC-274/12/2009] NAVEEN CHANDRA, Director (National Committee)
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