Notification Under Section 35AC in respect of Polio Foundation, Shah Chimenlal Chhotalal Lokandwala Charitable Trust Hospital for the Handicapped, Raipur, Chekia, Ahmedabad. - 20/2011 - Income Tax

Notification Under Section 35AC in respect of Polio Foundation, Shah Chimenlal Chhotalal Lokandwala Charitable Trust Hospital for the Handicapped, Raipur, Chekia, Ahmedabad. NOTIFICATION New Delhi, the 27 th April, 2011 S.O.861(E). Whereas by notification of the Government of India, in the Ministry of Finance (Dep of Revenue) number S.O.399(E) dated the 6 th June, 1996, 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 notified at serial number 8, Equipments and running of Polio Hospital at Ahmedabad, Gujarat by Polio Foundation, Shah Chimenlal Chhotalal Lokandwala Charitable Trust Hospital for the Handicapped, Raipur, Chekia, Ahmedabad - 1, as an eligible project or scheme for a period of three years beginning with assessment year 1997-1998, which was extended further vide notification number S.O.324(E) dated the 11 th May, 1999 for a period of three year s beginning with assessment year 2000- 2001, which was extended further vide notification number S.O.614(E) dated the 7 th June, 2002 for a period of three years beginning With assessment year 2003-2004, which was extended further vide notification number S.O. 153(E) dated the 3 rd February 2006 for a period of three years beginning with financial year 2005-2006 and which was extended further vide notification number SO. 1306(E) dated the 4 th June, 2008 for a period of three years beginning with financial year 2008-2009; And whereas by notification number S.O.324(E) dated the 11 th May, 1999 the estimated cost was enhanced from Rs. 63.15 lakh to Rs.71.50 lakh; vide notification number S.O.153(E) dated the 3 rd February, 2006 the estimated cost was further enhanced from Rs.71.50 lakh to Rs.151.35 lakh; vide notification number S.O.845(E) dated 25 th March, 2009 the estimated cost was further enhanced from 151.35 lakii to Rs. 3 crore; vide notification number S.O. 3067(E) dated 30 th December, 2010 the estimated cost was further enhanced from 3.00 crore to 7.55 crore. And whereas the said project or scheme is likely to extend beyond fifteen 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 fur 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), - (a) hereby notifies the scheme or project Equipments and running of Polio Hospital at Ahmedabad, Gujarat , which is being carried out by Polio Foundation, Shah Chimenlal Chhotalal Lokandwala Charitable Trust Hospital for tile Handicapped, Raipur, Chekia, Ahmedabad 1, without any change in the approved cost of Rs. 7.55 crore, as an eligible project or scheme for a further period of three years commencing with the financial year 2011-12 i.e. 2011-12, 20l2-13 [No.20/2011/F.No. V-27015/1/2011-SO (NAT.COM)] NAVEEN CHANDRA, Director (National Committee)