Section 35AC - Eligible projects or schemes - Notified eligible projects or schemes - Expansion of Outreach programmes for rural areas at neighbouring villages of Uttar Pradesh, Haryana and Rajasthan by Ishwar Eye Institute, N-132, Panchshila Park, New Delhi Amendment in Notification No. S.O. 471(E) - S.O. No. 1794(E) - Income Tax

Section 35AC - Eligible projects or schemes - Notified eligible projects or schemes - Expansion of Outreach programmes for rural areas at neighbouring villages of Uttar Pradesh, Haryana and Rajasthan by Ishwar Eye Institute, N-132, Panchshila Park, New Delhi Amendment in Notification No. S.O. 471(E), dated 26-05-1995 Notification No. 67/2010 Dated 21-7-2010 S.O. No. 1794(E).- Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 471(E), dated the 26th May, 1995, 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 13, for Expansion of Outreach programmes for rural areas at neighbouring villages of Uttar Pradesh, Haryana and Rajasthan by Ishwar Eye Institute, N-132, Panchshila Park, New Delhi-110017, as an eligible project or scheme for a period of three years beginning with assessment year 1996-1997 which was extended further vide Notification Number S.O. 837(E), dated the 18th September, 1998 for a period of three years beginning with assessment year 1999-2000, which was extended further vide Notification Number S.O. 904(E), dated the 20th September, 2001 , for a period of three years beginning with assessment year 2002-2003, which was extended further vide Notification Number S.O.1602(E) dated the 15th November, 2005, for a period of two years beginning with financial year 2005-2006 which was extended further vide Notification Number S.O. 1162(E), dated 16th July, 2007 for further three years commencing from financial year 2007-08 and which was extended further vide Notification Number S.O. 650(E), dated 22nd March, for further three years commencing from financial year 2010-11; 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 enhancing the project cost from Rs. 208.97 lakh to Rs.729.55 lakh; 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 Expansion of Outreach programmes for rural areas at neighbouring villages of Uttar Pradesh, Haryana and Rajasthan, which is being carried out by Ishwar Eye Institute, N-132, Panchshila Park, New Delhi-110017, (b) further amends the said Notification Number S.O. 471(E), dated the 26th May, 1995, to the following effect, namely :- In the said notification, in the Table against serial number 13, in column (2) relating to the title of project words expansion of outreach programme for rural areas; the words expansion of outreach programme for rural areas, expansion of hospital building, purchase of medical equipments shall be substituted and in colomn (4), relating to maximum amount of cost to be allowed as deduction under section 35AC , for the letters, figures and word "Rs. 208.97 lakh", the letters, figures and word "Rs. 729.55 lakh" shall be substituted. [F. No V-27015/2/2010-SO]