Notification Under Section 35AC in respect of Jivan .jyot Charitable Trust, C/o Patan Janta Hospital, Sardar Road, Near Railway Garnala, Patan. - 19/2011 - Income Tax

Notification Under Section 35AC in respect of Jivan .jyot Charitable Trust, C/o Patan Janta Hospital, Sardar Road, Near Railway Garnala, Patan. NOTIFICATION New Delhi, the 27 th April, 2011 S.O.860(E).- Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 2370(E) dated 3 October, 2008, 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 20, Purchase of hospital equipments and to raise corpus fund by Jivan .jyot Charitable Trust, C/o Patan Janta Hospital, Sardar Road, Near Railway Garnala, Patan, North Gujarat, as an eligible project or scheme for a period of three years beginning with financial year 2008-09; 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 Purchase of hospital equipments and to raise corpus fund which is being carried out by Jivan Jyot Charitable Trust, C/o Patan Janta Hospital, Sardar Road, Near Railway Gamnala, Patan, North Gujarat, without any change in the approved cost of Rs. 14.44 crore including a corpus fund of Rs.7.00 crore, as an eligible project or scheme for a further period of three financial years commencing with the financial year 2011-12 i.e. 2011-12,2012-13 2013-14; [No.19/2011/F.No.V-27015/1/2011-SO (NAT.COM)] NAVEEN CHANDRA, Director (National Committee)