Section 35AC - Eligible projects or schemes - Eye Care programme in the National Capital Region, Delhi by Lok Kalyan Samiti, 11-A, Vishnu Digamber Marg, Rouse Avenue, New Delhi - S.O. 1139 - Income Tax

Section 35AC - Eligible projects or schemes - Eye Care programme in the National Capital Region, Delhi by Lok Kalyan Samiti, 11-A, Vishnu Digamber Marg, Rouse Avenue , New Delhi Notification No. 38/2010 Dated 17-5-2010 S.O. 1139. - Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue), number S.O. 308(E), dated the 11th May, 1999, 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 3, for Eye Care programme in the National Capital Region, Delhi by Lok Kalyan Samiti, 11-A, Vishnu Digamber Marg, Rouse Avenue, New Delhi-110002, 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. 687(E), dated the 13th June, 2003 for a period of two years beginning with assessment year 2003-04 which was extended further vide notification number S.O. 136(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. No. 1148(E), dated 16th July, 2007 for a period of three years begin ning with financial year 2007-08; And whereas the said project or scheme is likely to extend beyond eleven 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; 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 specifies the scheme or project for Eye Care programme in the National Capital Region, Delhi which is being carried out by Lok Kalyan Samiti, 11-A, Vishnu Digamber Marg, Rouse Avenue, New Delhi-110002, without any change in the approved cost of Rs. 1011 lakhs, 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 and 2012-13. [F.No.V-27015/1/2010-so]