Home Notifications 2010 Income Tax Income Tax - 2010 Section 035AC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
Section 35AC - Eligible projects or schemes - Leprosy eradication, rehabilitation of leprosy affiliated and their children and rural health at Rajendranagar, Distt. Sabarkantha - Gujarat - 019/2009 - Income TaxExtract Section 35AC - Eligible projects or schemes - Leprosy eradication, rehabilitation of leprosy affiliated and their children and rural health at Rajendranagar, Distt. Sabarkantha - Gujarat NOTIFICATION NO.19/2009 DATED 22-3-2010 S.O. 652(E).- Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue), number S.O. 611(E), dated the 23rd August, 1994, 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, for Leprosy eradication, rehabilitation of leprosy affiliated and their children and rural health at Rajendranagar, Distt. Sabarkantha, Gujarat, by Sahyog Kushthayagna Trust, Rajendranagar Tal-Himalnagar, District Sabarkantha, Gujarat-383276 as an eligible project or scheme for a period of three years beginning with assessment year 1995-96 which was extended further vide notification number S.O. 211 (E), dated the 17th March, 1997 for a period of three years beginning with assessment year 1998-99 which was extended further vide notification number S.O.413(E), dated the 26th April, 2000 for a period of three years beginning with assessment year 2001-02 and which was extended further vide notification number S.0.351(E), dated the 31st March, 2003 for a period of three years beginning with assessment year 2004-05; and which was further extended vide S.O. No. 245(E), dated 15-2-2007 for a period of three years beginning with financial year 2006-07; And whereas by notification number S.O. 413(E), dated the 26th April, 2000 the estimated cost was enhanced from Rs.90.7 lakhs to Rs. 1.30 crore plus a corpus fund of Rs. 1.70 crore; and notification number S.O. 245(E), dated 15-2-2007 the estimated cost was further enhanced from Rs. 3.00 crore to Rs. 5.3 crore including a corpus fund of Rs. 2.7 crore. And whereas the said project or scheme is likely to extend beyond fifteen 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 commencing with financial year 2009-10, i.e., 2009-10. 2010-11 2011-12. As, 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 Leprosy eradication, rehabilitation of leprosy affliated and their' children and rural health at Rajendranagar, Distt. Sabarkantha. Gujarat, which is being carried out by Sahyog Kushthayagna Trust, Rajendranagar Tal-Himalnagar, District Sabarkantha, Gujarat-383276, without any change in the approved cost of Rs. 5.3 crore including a corpus fund of Rs. 2.7 crore, 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. [F.No.V-27015/5/2009-SO(NAT. COM)]
|