Exemption u/s 35AC - of the ITA, 1961, the C.G. had specified for Running of Welfare Projects at Jamshedpur, Pukuria, Ranibandh, Dolera, Gangasagar, Ghaskol, Lumding and Dediapara by Bharat Sevashram Sangh as an eligible project or scheme - 025/2006- S.O. 156(E) - Income Tax

Exemption u/s 35AC - of the ITA, 1961, the C.G. had specified for Running of Welfare Projects at Jamshedpur, Pukuria, Ranibandh, Dolera, Gangasagar, Ghaskol, Lumding and Dediapara by Bharat Sevashram Sangh as an eligible project or scheme NOTIFICATION NO. 25/2006, DATED 3-2-2006 S.O. 156(E) .- Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.857(E) dated the 14 th August, 2002, issued under sub-section (1) read with clause (b) of the Explanation to section 3 5 AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 14, for Running of Welfare Projects at Jamshedpur, Pukuria, Ranibandh, Dolera, Gangasagar, Ghaskol, Lumding and Dediapara by Bharat Sevashram Sangh, 211, Rash Behari Avenue, Kolkata-700019, as an eligible project or scheme for a period of three years beginning with assessment year 2003-2004; 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 35AC of the Income-tax Act, 1961(43 of 1961), hereby specifies the scheme or project Running of Welfare Projects at Jamshedpur, Pukuria, Ranibandh, Dolera, Gangasagar, Ghaskol, Lumding and Dediapara which is being carried out by Bharat Sevashram Sangh, 211, Rash Behari Avenue, Kolkata-700019, without any change in the approved estimated cost i.e. ₹ 84.90 lakhs, as an eligible project or scheme for a further period of three years commencing from the financial year 2005-2006. .