Notification Under Section 35AC in respect of by Kanoria Seva Kendra, 307, Abhijeet Netaji Marg, Ellisbridge, Ahmedabad. - 21/2011 - Income Tax

Notification Under Section 35AC in respect of by Kanoria Seva Kendra, 307, Abhijeet Netaji Marg, Ellisbridge, Ahmedabad. NOTIFICATION New Delhi, the 27 th April, 2011 S.O.862(E).- Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O.366(E) dated the 10 th April, 2000, 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 3, Construction of extension building, purchase of equipments/instruments, mobile van, furnishing and running of Kanona Hospital and Research Centre at Gandhi Nagar, Gujarat by Kanoria Seva Kendra, 307, Abhijeet Netaji Marg, Ellisbridge, Ahmedabad, (Gujarat, as an eligible project or scheme for a period of three years beginning with assessment year 2000- 2001, which was extended further vide notification number S.O.981(E) dated the 10 th September, 2002 for a period of three years beginning with assessment year 2003-2004, which was extended further vide notification number S.O.506(E) dated the 4 th April, 2006 for a period of three years beginning with financial year 2005-2006; and which was further extended vide notification number S.O.244(E) dated the 2 nd January, 2009 for a period of three years beginning with financial year 2008-09; And whereas by notification number S.O.639(E) dated the 22 nd March, 2010 the estimated cost was enhanced from Rs. 161.81 lakh to Rs. 381 lakh. And whereas the said project or scheme is likely to extend beyond twelve 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 Construction of extension building, purchase of equipments/instruments, mobile van, furnishing and running of Kanoria Hospital and Research Centre at Gandhi Nagar, Gujarat which is being carried out by Kanoria Hospital and Research Centre at Gandhi Nagar, Gujarat by Kanoria Seva Kendra, 307, Abhijeet Netaji Marg, Ellisbridge, Ahmedabad, Gujarat without any change in the approved cost of Rs. 381 lakh, as an eligible project or scheme for a further period of three financial years commencing with the financial year 201 1-12 i.e. 2011-12,2012-13 2013-14; [No.21/1/2011/F.No.V-27015/1/2011-SO (NAT.COM)] NAVEEN CHANDRA, Director (National Committee)