Exemption u/s 35AC - notified at serial number 9, “Construction of Senior Citizens Home - Shree Bhartimaiya Anand Dham (Vriddashram) and running of the project” by Shree Ambica Niketan Trust, Parle Point Athwa Lines, Surat, as an eligible project or scheme - 84/2009 - Income Tax

Exemption u/s 35AC - notified at serial number 9, "Construction of Senior Citizens Home - Shree Bhartimaiya Anand Dham (Vriddashram) and running of the project" by Shree Ambica Niketan Trust, Parle Point Athwa Lines, Surat , as an eligible project or scheme Notification No. 84/2009 Dated 6-8-2009 S.O. 2046(E) - Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.68(E), dated the 14th January, 2004, 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 9, "Construction of Senior Citizens Home - Shree Bhartimaiya Anand Dham (Vriddashram) and running of the project" by Shree Ambica Niketan Trust, Parle Point Athwa Lines, Surat - 395007, as an eligible project or scheme for a period of three years beginning with assessment year 2004-05 and which was extended further vide notification number S.O. 1504(E), dated the 7th September, 2007 for a period of three years beginning with financial year 2006-07; 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 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 "Construction of Senior Citizens Home - Shree Bhartimaiya Anand Dham (Vriddashram) and running of the project" being carried out by Shree Ambica Niketan Trust, Parle Point Athwa Lines, Surat - 395007, without any change in the approved cost of Rs. 4.21 crores including a corpus fund of Rs. 2.92 crores, as an eligible project or scheme for a further period of three years beginning with financial year 2009-10 i.e. 2009-10, 2010-11 and 2011-12. [No. 84/2009/F. No. NC-274/12/2009]