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 - recommendations of the National Committee for Promotion of Social and Economic Welfare - S.O. 2349(E) - Income TaxExtract Section 35AC - Eligible projects or schemes - recommendations of the National Committee for Promotion of Social and Economic Welfare MINISTRY OF FINANCE (Department of Revenue) New Delhi , the 28th September, 2010 S.O. 2349(E).- 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), the Central Government, on the recommendations of the National Committee for Promotion of Social and Economic Welfare, hereby notifies the institutions approved by the said National Committee, mentioned in column (2) of the Table below, and approves the eligible projects or schemes specified to be carried on by the said institutions and the estimated cost thereof as mentioned in column (3) of the said Table, and also specifies in the column (4) of the Table the maximum amount of such cost which may be allowed as deduction under the said section 35AC for the period of approval, namely: TABLE Serial Number Name of the Institution Project or scheme and estimated cost thereof Maximum amount of cost to be allowed as deduction under section 35AC (1) (2) (3) (4) 1. National Association for the Blind, Central Green, K.C. Road, NIT, Faridabad 121001. Running projects for the welfare of visually impaired. (Cost of Rs, 300 Lakh) ₹ 300 lakh for three financial years commencing with 2010-11 i.e. 2010-2011, 2011-12 and 20 12-20 2. Selaganisetty Charitable Trust, D.No.49-24-59, Madhuranagar,Visakhapatnam 530016 Andhra-Pradesh. Old age home for poor. ₹ 6 crore 2 crore for (Cost of including corpus fund) ₹ 2 crore for corpus fund only for three financial years commencing with 2010-11 i.e. 20 201 1-12 and 2012-2013. 3. Rail Road Yatri Nagrik Kalyan Samiti, Ballia bazaar, back of B.D.O Niwas, Post Lakhminia, District Begusarai,Bihar. Innovative (Novel) Programme. (Cost of ₹ 18.89 lakh) ₹ 18.89 lakh for the one financial year 2010-11 i.e. 2010-2011. 4. Kuriakose Elias Trust for Communication and Development, Flat-1A, Faremount (SFS), Vazhuthakkad PO, Thiruvanathapuram, Kerala State -695018. Expansion of the Chavara Cancer Hospital, Chavara Cancer Rehabilitation Centre and Chavara Cancer Research Institute.(Cost of ₹ 46.12 crore) 1 [ ₹ 80 crore ] for three financial years commencing with 2010- 2011 i.e. 2010-2011, 2011-l2 and 2012-2013. 5. Gayatri urban and rural Development Society, H.N. 11-168/2 Brahmpur, (Gulbarga, Karnataka 585103. Evening classes for school drop out children, formation of self help group, vocational training for making of Jute articles and handicraft articles, training programmes on production of wormy compost and corpus fund of ₹ 25 lakh. (Cost of ₹ 1.74 crore including corpus fund of ₹ 25 lakh) Rs.l.74 crore including corpus fund of ₹ 25 lakh for three financial years commencing with 2010-11 i.e. 2010-2011, 2011-12 and 2012-2013. 6. Navjeevan Trust, Bishops House, Kalawad Road, Rajkot 360005, Gujarat. Combating HIV/AIDS programme. (Cost of ₹ 15.24 crore including corpus fund a Rs.l.00 crore). ₹ 15.24 crore including corpus fund of Rs.l.00 crore for three financial years commencing with 2010-11 i.e. 2010-2011 and 2012-2013. 7. Shree Sardar Patel Institute of Development, 38, Sahyog, Ramnagar Shopping Centre. Nr Ram Mantra Mandir, Bhavnagar, Gujarat 364001. Vocational training school for high tech horticulture activities for tribal and rural youth specially to Adivasi Women. (Cost of ₹ 1.58 crore). ₹ 1.58 crore for three financial years commencing with 20 10-11 i.e. 2010-2011, 2011-12 and 2012-13. 8. Khimchand Laxmichand Deaf Dumb School Trust, 51, Vidyanagar, Bhavnagar- 364002, Gujarat. For Extension support of present activities i.e to extend the classes for deaf students. (Cost of ₹ 540 lakh including a corpus fund of ₹ 337 lakh). ₹ 540 lakh including a corpus fund of ₹ 337 lakh for three financial years commencing with Financial Years 2010-11 i.e 2010-11, 2011-12 2012-13. 9. Gujarat Bal Vikas Mandal, At PO Mora, Taluka Morva Hada, Panchmahal 389001, Gujarat. (Cost of including a ₹ 25 lakh). ₹ 2.72 crore corpus fund of ₹ 337 lakh). Educational Aid for Tribal students. recurring cost of school and technical educational centre for the tribal students and for a corpus fund of ₹ 25 lacs. (Cost of including a ₹ 2.72 crore corpus fund of ₹ 25 lakh). ₹ 2.72 crore including a corpus fund of ₹ 25 lakh for three financial years commencing with Financial Years 2010-11 i.e 2010-11, 2011-12 2012-13. 10. Shree Manav Kalyan Yuvak Mandal, At Mahivada, Post Kava, Ta Idar, District Sabarkantha, Gujarat 383434. Vocational Training to remove unemployment in rural area. (Cost of ₹ 4.81 crore). ₹ 4.81 years Financial crore for three financial commencing with Years 2010-11 i.e 2010-11, 2011-12 2012-13. 11. Population Social Development,4/12, Central Park, City Centre, Durgapur-16. West Bengal. Livelihoods enhancement of Hardcore Rural Poor. (Cost of 1.08 crore) 2 [ ₹ 20.58 crore including a corpus fund of ₹ 9 crore ] for three financial years commencing with Financial Years 2010-11 i.e 2010-11, 2011-12 2012-13. 12. Vidya Jyoti Association for Education Research Development (Regd.)GH-13/609, Paschim Vihar, New Delhi-110087. Vocational Training Educational project proposals. (Cost of ₹ 2.00 crore) ₹ 2.00 crore for three financial Years commencing with Financial Years 2010-11 i.e 2010-11, 2011-12 2012-13. 13. Vishwatmak Jangali Maharaj Ashram trust, Chaitanyapuri (Shirdi-Kopargaon Road), At Kokamthan, Post Jeur Kumbhari, Tal Kopargaon, district Ahmednagar, Maharashtra Om Gurudev Rural Hospital Research Centre. (Cost of ₹ 7.00 crore with corpus fund of ₹ 128.64 lakh ₹ 7.00 crore with corpus fund of ₹ 128.64 lakh for three financial years commencing with Financial Years 2010-11 i.e 2010-11, 2011-12 2012-13 with a direction that the amount be utilized only for recurring expenditure and not for any capital expenditure. 14. Mahabodhi Maitri Manda Arunachal Branch, P.O. and P.S. Diyun, District Changlang, Arunachal Pradesh 792103. Expansion running of Mahabodhi School and hostel. (Cost of ₹ 4.22 crore) ₹ 4.22 crore for three financial years commencing with Financial Years 2010-11 i.e 2010-11, 2011-12 2012-13. 15. Ahilya Bahuudeshiya Shikshan prasarak Mandal, Ahilya Niwas, Shree Nagar, Near Vidyavikas School, Behind Ashwamegh Hotel, Latur 413531, Maharashtra. AIDS, T.B. Malaria Prevention programme. (Cost of ₹ 1.61 crore). ₹ 1.61 crore for three financial Years commencing with Financial Years 2010-11 i.e 2010-11, 2011-12 2012-13. 16. Green Institute for Research Development (GRID), 129, No.8 (FF), Gautam Nagar. New Delhi 110049 Extension of School Building and Vocational Training program. (Cost of ₹ 6.09 crore). ₹ 6.09 crore for three financial years commencing with Financial Years 2010-11 i.e 2010-11, 2011-12 2012-13. 17. Spastic society of Mizoram, R. Laldanga Building, Chhinga Veng. Aizawl , Mizoram - 796001. Running of Education and Training Institute for CP, MR HH and construction of school building to accommodate more disabled children. (Cost of ₹ 5.69 crore). ₹ 5.69crore for three financial years commencing with Financial Years 2010-11 i.e 2010-11, 2011-12 2012-13. 18. Sri Sathya Sai Books Publication Trust, Dharmakshetra, Mahakali Caves road, Andheri (East), Mumbai-400093. Sri Sathya Sal Mobile Medicare Project. (Cost of Rs. ₹ 45.09 crores including corpus fund of ₹ 38.88 crore). ₹ 45.09 crows including corpus fund of ₹ 38.88 crores for three financial years commencing with Financial Years 2010-11 i.e 2010-11, 2011-12 2012-13. 19. Educational Society of Professionals and Vocationals, Ward No.4, DERA Bassi -140607, Mohali District, Punjab. Expansion of existing 100 beds hospital of Sri Sukhmani Multi Speciality Hospitals. (Cost of ₹ 35.72 crore including corpus fund of ₹ 10 crore). ₹ 35.72 crore including corpus fund of Rs.l0 crore for three financial years commencing with Financial Years 2010-11 i.e 2010-11, 2011-12 2012-13. II. This notification shall remain in force for a period of one year in relation to financial years 2010-11 in respect of project or scheme mentioned at serial No. 3 and for a period of three years in relation to financial years 2010-11, 2011-12 2012-13 in respect of projects or schemes mentioned at serial numbers 1,2, 4,5,6,7,8,9,10,11,12,13,14,15,16,17,18 19 of the said table. [No. 71/2010/F.No. 27015/3/2010] NAVEEN CHANDRA, Director (National Committee) ******* Notes 1. Substituted vide Notification No. 91/2012 Dated 9-10-2012 before it was read as ₹ 46.12 crore 2. Substituted vide Notification No.28/2012 F.No.V-27015/1/2012-SO dated 16/03/2012
|