Notification Under Section 35AC in respect of Vidyarambam Trust, New No.27, Fifth Street, Padmanabha Nagar, Adyar, Chennai. - 083/2011 - Income Tax

NOTIFICATION NO.83/2011 DATED 11-8-2011 S.O. 1862(E):- Whereas by Notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 737(E), dated 13th March, 2009, 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 22, "comprehensive and supportive free education for rural children of 3 to 12 years age group" by Vidyarambam Trust, New No.27, Fifth Street, Padmanabha Nagar, Adyar, Chennai - 600 020, Tamilnadu, 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 T he 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 for extending the said project or scheme for a further period of three year; 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 "comprehensive and supportive free education for rural children of 3 to 12 years age group", which is being carried out by Vidyarambam Trust, New No. 27, Fifth Street, Padmanabha Nagar, Adyar, Chennai - 600 020 Tamilnadu, without any change in the approved cost of Rs. 4.8 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. [F.NO.V-27015/3/2011-SO(NAT.COM]