Section 35AC - Eligible projects or schemes - Construction of building/purchase of equipments, instruments, vehicle and running of Sant Ranchhoddasji Bapu Eye Hospital at Vansda, District Valsad, Gujarat by Dhanvantri Trust, Shanker Falia, Vansda, District Navsari - 023/2009 - Income Tax

Section 35AC - Eligible projects or schemes - Construction of building/purchase of equipments, instruments, vehicle and running of Sant Ranchhoddasji Bapu Eye Hospital at Vansda, District Valsad, Gujarat by Dhanvantri Trust, Shanker Falia, Vansda, District Navsari NOTIFICATION NO. 23/2009 DATED 22-3-2010 S.O. 656(E).- Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 10(E), dated the 4th January, 2000, 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 4, for Construction of building/purchase of equipments, instruments, vehicle and running of Sant Ranchhoddasji Bapu Eye Hospital at Vansda, District Valsad, Gujarat by Dhanvantri Trust, Shanker Falia, Vansda, District Navsari-396580, Gujarat as an eligible project or scheme for a period of three years beginning with assessment year 2000-01; which was extended further vide notification number S.O. 511(E), dated the 19th April, 2004 for a period of three years beginning with financial year 2003-04; and which was extended further vide notification number S.O. 1151(E), dated 16-7-2007 for three more financial years beginning with financial year 2006-07; And whereas by notification number S.O. 1151 (E), dated 16th July, 2007 the estimated cost was enhanced from Rs. 210.00 lakh to Rs. 218.00 lakh without any corpus fund, 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 years 2009-10 i.e., 2009-10, 2010-11 2011-12; And whereas the said project or scheme is likely to extend beyond nine 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) , - (a) hereby specifies the scheme or project for Construction of building/purchase of equipments, instruments, vehicle and running of Sant Ranchhoddasji Bapu Eye Hospital at Vansda, District Valsad, Gujarat, which is being carried out by Dhanvantri Trust, Shaker Falia, Vansda, District Navsari-396580, Gujarat without any change in the approved cost of Rs. 218.00 lakhs, 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 2011-12. [F.No.V-27015/5/2009-SO(NAT. COM]