Notification Under Section 35AC in respect of Vivekananda Loksiksha Niketan, Village Faridpur, P.O. Dakshin Dauki, District Purba Medinipur - 16/2011 - Income Tax

Notification Under Section 35AC in respect of Vivekananda Loksiksha Niketan, Village Faridpur, P.O. Dakshin Dauki, District Purba Medinipur NOTIFICATION New Delhi, the 27 th April, 2011 S.O.857(E) by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 1501(E) dated 7 th September, 2007, issued under 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 6, Construction of special School for the visually handicapped children and mentally retarded children by Vivekananda Loksiksha Niketan, Village Faridpur, P.O. Dakshin Dauki, District Purba Medinipur,West Bengal 721 464, as an eligible project or scheme for a period of three years beginning with financial year 2007-08; And whereas the said project or scheme is likely to extend beyond three 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 11 M 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-tax Act, 1961(43 of 1961), hereby notifies the scheme or project for Construction of special School for the visually handicapped children and mentally retarded children, which is being carried out by Vivekananda Loksiksha Niketan, Village Faridpur, P.O. Dakshin Dauki, District Purba Medinipur,West Bengal 721 464, without any change in the approved cost of Rs. 1.41 crore, as an eligible project or scheme for a further period of three years commencing with the financial year 2010-11 i.e 2010-11, 2011-12 2012-13 with a direction that as the financial year 2010-11 has already lapsed, hence no certificate under section 35 AC of Income Tax Act, 1961 shall be issued for financial year 2010-11. [No.16/2011/F.No. V-27015/1/12011-SO (NAT.COM)] NAVEEN CHANDRA, Director (National Committee)