Explanation to section 35AC of the Income-tax Act, 1961, the Central Government had specified for Safe motherhood and child survival project by Deepk Charitable Trust - 049/2007- S.O. 250(E) - Income Tax

Explanation to section 35AC of the Income-tax Act, 1961, the Central Government had specified for Safe motherhood and child survival project by Deepk Charitable Trust NOTIFICATION NO. 49/2007, DATED 15-2-2007 S.O. 250(E)- Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue), Number S.O.604(E), dated the 20th May, 2004, issued under sub-section (1) read with clause ( b ) of the Explanation to section 35 AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial Number 12, for Safe motherhood and child survival project by Deepk Charitable Trust, 9-10, Kunj Society, Alkapuri, Baroda-390007, as an eligible project or scheme for a period of three years beginning with Financial year 2003-04; 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 specifying 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 35 AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project for Safe motherhood and child survival project which is being carried out by Deepk Charitable Trust, 9-10, Kunj Society, Alkapuri, Baroda-390007, without any change in the approved cost of ₹ 24.96 crore, as an eligible project or scheme for a further period of three years-commencing from the financial year 2006-07. [F. No. NC-274/04/2006]