Exemption u/s 35AC - notified at serial number 25, "Construction, aids/application/equipments, vans, furnishing and running of Home for spastics" by Handicapped Children's Parents Association, Plot No.K (Behind Plot No.13), Institutional Sector-5, Dwarka, New Delhi, as an eligible, project or scheme - 100/2009 - Income Tax

Exemption u/s 35AC - notified at serial number 25, "Construction, aids/application/equipments, vans, furnishing and running of Home for spastics" by Handicapped Children's Parents Association, Plot No.K (Behind Plot No.13), Institutional Sector-5, Dwarka, New Delhi , as an eligible, project or scheme MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi , the 14 th October, 2009 S.O. 2607(E). - Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.388(E) dated the 19th May, 1997, 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 25, "Construction, aids/application/equipments, vans, furnishing and running of Home for spastics" by Handicapped Children's Parents Association, Plot No.K (Behind Plot No.13), Institutional Sector-5, Dwarka, New Delhi - 110045, as an eligible, project or scheme for a period of three years beginning with assessment year 1998-1999, which was extended further vide notification number S.O.290(E) dated the 28th March, 2001 for a period of three years beginning with assessment year 2001-2002, which was extended further vide notification number S.O.224(E) dated the 23rd February, 2004 for a period of three years beginning with assessment year 2004-2005 and which was extended further vide notification number S.O. 1802(E) dated the 23 rd October, 2007 for a period of three years beginning with financial year 2006-2007; And whereas the said project or scheme is likely to extend beyond twelve 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, aids/application/equipments, vans, furnishing and running of Home for spastic" being carried out by Handicapped Children's Parents Association, Plot No.K (Behind Plot No.13), Institutional Sector-5, Dwarka, New Delhi - 110045, without any change in the approved cost of Rs.245.00 lakh plus a corpus fund of Rs. 100.00 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. 100/2009/F. No. V-27015/1/2009-SO(NAT.COM)] NAVEEN CHANDRA, Director (National Committee)