U/s. 35AC, IT ACT, 1961 - Eligible Projects Or Schemes, Expenditure - The Association of People with Disability, 6th Cross Hutchins Road, Off Hennur, Lingarajapuram, St. Thomas Town Post, Bangalore - 77/2012 - Income Tax

U/s. 35AC, IT ACT, 1961 - Eligible Projects Or Schemes, Expenditure - The Association of People with Disability, 6th Cross Hutchins Road, Off Hennur, Lingarajapuram, St. Thomas Town Post, Bangalore Notification No. 77/2012 Dated 9-10-2012 S.O. 2405(E), - Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 121(E) dated 12th January, 2009, 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 27,- "(1) Training and employment (urban rural), (2) Rural Education, (3) Horticulture Training Unit and (4) Rehabilitation Mobility aids" by The Association of People with Disability, 6th Cross Hutchins Road, Off Hennur, Lingarajapuram, St. Thomas Town Post, Bangalore 560 084, 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 11M 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 "(1) Training and employment (urban rural), (2) Rural Education, (3) Horticulture Training Unit and (4) Rehabilitation Mobility aids" which is being carried out by The Association of People with Disability, 6th Cross Hutchins Road, Off Hennur, Lingarajapuram, St. Thomas Town Post, Bangalore 560 084, without any change in the approved cost of Rs. 5.19 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, 2012-13 2013-14, but with a direction that as the financial year 2011-12 has already lapsed no certificate under section 35AC shall be issued for the financial year 2011-12. [F. NO. V.27015/3/2012-SO (NAT.COM)]