Explanation to section 35AC - specified at serial number 14, Gujarat Raktapitt Nivaran Seva Sangh, Junigadhi, Near Municipal Quarters, Mill Road, Yakutpura, Vadodara - 038/2007- S.O. 239 (E) - Income Tax

Explanation to section 35AC - specified at serial number 14, Gujarat Raktapitt Nivaran Seva Sangh, Junigadhi, Near Municipal Quarters, Mill Road, Yakutpura, Vadodara [TO BE PUBLISHED IN THE GAZETTE OF INDIA , EXTRAORDINARY, PART-II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi , dated the 15th February, 2007 S.O. 239 (E).- Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue), number S.O.469(E) dated the 2nd July, 1996, 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 14, for (a) Medical Camp in rural areas; (b) Creation of employment for rural population for Leprosy affected and Leprosy cured; (c) Educational help to kids of Leprosy affected families; (d) Deformity care of leprosy patients-free aids and appliances; (e) Health Education for removal of social stigma from society and diagnose of leprosy patients at an early stage; in whole of Gujarat, by Gujarat Raktapitt Nivaran Seva Sangh, Junigadhi, Near Municipal Quarters, Mill Road, Yakutpura, Vadodara-390006 (Gujarat) as an eligible project or scheme for a period of three years beginning with assessment year 1997-1998 which was extended further vide notification number S.O.744(E) dated the 10th September, 1999 for a period of three years beginning with assessment year 2000-2001 and which was extended further vide notification number S.O.610(E) dated the 7th June, 2002 for a period of three years beginning with assessment year 2003-2004; And whereas the said project or scheme is likely to extend beyond nine 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 two years and enhancing the project cost from ₹ 26.97 lakhs to ₹ 40.00 lakhs; 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- (a) specifies the scheme or project for (a) Medical Camp in rural areas; (b) Creation of employment for rural population for Leprosy affected and Leprosy cured; (c) Educational help to kids of Leprosy affected families; (d) Deformity care of leprosy patients-free aids and appliances; (e) Health Education for removal of social stigma from society and diagnose of leprosy patients at an early stage; in whole of Gujarat, which is being carried out by Gujarat Raktapitt Nivaran Seva Sangh, Junigadhi, Near Municipal Quarters, Mill Road, Yakutpura, Vadodara-390006 (Gujarat) as an eligible project or scheme for a further period of two years commencing from the financial year 2006-2007 as the financial year 2005-2006 is already over and no donation can be collected for that financial year; and (b) further amends the said notification number S.O.469(E) dated the 2nd July, 1996, to the following effect, namely :- In the said notification, in the Table against serial number 14, in column (4), relating to maximum amount of cost to be allowed as deduction under section 35AC , for the letters, figures and word ₹ 26.97 lakhs , the letters, figures and word ₹ 40.00 lakhs shall be substituted. [No. 38-2007/F.No. NC-274/04/2006] D.P. Sengupta, Secretary (National Committee)