Home Notifications 2006 Income Tax Income Tax - 2006 Section 035AC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
Exemption u/s 35AC - of the ITA, 1961, the C.G. had specified for Purchase Renovation of building, equipments and furnishing of Cancer Detection Unit at Mumbai, Cancer Awareness at Ahmednagar by Cancer Patients Aid Association as an eligible project or scheme - 017/2006- S.O. 148(E) - Income TaxExtract Exemption u/s 35AC - of the ITA, 1961, the C.G. had specified for Purchase Renovation of building, equipments and furnishing of Cancer Detection Unit at Mumbai, Cancer Awareness at Ahmednagar by Cancer Patients Aid Association as an eligible project or scheme NOTIFICATION NO. 17/2006, DATED 3-2-2006 S.O. 148(E) .- Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.180(E), dated the 10 th March, 1997, issued under subsection (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 6, for (a) Renovation of building, equipments and furnishing of Cancer Detection Unit at Mumbai, Maharashtra; (b) Cancer Awareness, Education and Detection Camps at Ahmednagar, Nanded, Buldana, Parbhani, Akola, Amravati, Yavatmal, Jalgaon, Dhule, Beed and Mumbai, Maharashtra by Cancer Patients Aid Association, 5, Malhotra House, Fort, Mumbai-400001, 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.638(E) dated the 5 th July, 2000 for a period of three years beginning with assessment year 2000-2001 and which was extended further vide notification number S.O.1280(E) dated the 9 th December, 2002 for a period of three years beginning with assessment year 2003-2004; And whereas the said project or scheme is likely to extend beyond nine 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 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project for (a) Renovation of building, equipments and furnishing of Cancer Detection Unit at Mumbai, Maharashtra (b) Cancer Awareness, Education and Detection Camps at Ahmednagar, Nanded, Buldana, Parbhani, Akola, Amravati, Yavatmal, Jalgaon, Dhule, Beed and Mumbai, Maharashtra which is being carried out by Cancer Patients Aid Association, 5, Malhotra House, Fort, Mumbai-400001, without any change in the approved estimated cost i.e. ₹ 365.67 lakhs, as an eligible project or scheme for a further period of three years commencing from the financial year 2005-2006.
|