Section 35AC - Eligible projects or schemes - Construction of Maharaja Agrasen Hospital at Agroha, District Hisar, Haryana by Maharaja Agrasen Medical Education & Scientific Research Society, Dayanand Bhawan, 3/5, Asaf Ali Road, Darya Ganj - New Delhi - 018/2009 - Income Tax

Section 35AC - Eligible projects or schemes - Construction of Maharaja Agrasen Hospital at Agroha, District Hisar, Haryana by Maharaja Agrasen Medical Education Scientific Research Society, Dayanand Bhawan, 3/5, Asaf Ali Road, Darya Ganj - New Delhi NOTIFICATION NO. 18/2009 DATED 22-3-2010 S.O.651(E).- Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 602(E), dated the 12th August, 1993, 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 notified at serial number 3, "Construction of Maharaja Agrasen Hospital at Agroha, District Hisar, Haryana by Maharaja Agrasen Medical Education Scientific Research Society, Dayanand Bhawan, 3/5, Asaf Ali Road, Darya Ganj, New Delhi, as an eligible project or scheme for a period of three years with Assessment year 1994-95 which was extended further vide notification number S.O. 94(E), dated the 2nd February, 1996 for a period of two years beginning with assessment year 1997-98 which was extended further vide notification number S.O. 200(E), dated the 12th March, 1998 for a period of three years beginning with assessment year 1999-2000 which was extended further vide notification number S.O. 1269(E), dated the 28th December, 2001 for a period of three years beginning with assessment year 2002-03, which was extended further vide notification number S.O. 129(E), dated the 2nd February, 2005 for a period of three years beginning with financial year 2004-05; and which was extended further vide notification number S.O. 1299(E), dt.4-6-2008 for a period of three years beginning with the financial year 2007-08; And whereas by notification number S.O. 200(E), dated the 12th March, 1998 the estimated cost was enhanced from Rs. 17.57 crore to Rs. 40.00 crore; And whereas the said project or scheme is likely to extend beyond seventeen 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-lax Act, 1961 (43 of 1961) , hereby notifies the scheme or project "Construction of Maharaja Agrascn Hospital at Agroha, District Hisar, Haryana" being carried out by Maharaja Agrasen Medical Education Scientific Research Society, Dayanand Bhawan, 3/5, Asaf Ali Road, Darya Ganj, New Delhi, without any change in the approved cost of Rs. 40.00 crore as an eligible project or scheme for a further period of three years beginning with financial year 2010-11, i.e., 2010-11,2011-12 2012-13. [F.No.V-27015/5/2009-SO(NAT. COM)]