Exemption u/s 35AC - of the ITA, 1961, the C.G. had specified for construction Construction, equipments, furnishing and running of Andh Kalyan Kendra at Village Ranip, District Ahmedabad, Gujarat by Andh Kalyan Kendra (Blind Welfare Centre) as an eligible project or scheme - 156/2006 - Income Tax

Exemption u/s 35AC - of the ITA, 1961, the C.G. had specified for construction Construction, equipments, furnishing and running of Andh Kalyan Kendra at Village Ranip, District Ahmedabad, Gujarat by Andh Kalyan Kendra (Blind Welfare Centre) as an eligible project or scheme Notification No. 156/2006, dated 5-7-2006 S. O. 1000 (E) - Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 193(E) dated the 14th March, 1996, 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 specified at serial number 15, for Construction, equipments, furnishing and running of Andh Kalyan Kendra at Village Ranip, District Ahmedabad, Gujarat by Andh Kalyan Kendra (Blind Welfare Centre), 20, Navroop Colony, Shanti Nagar, Ashram Road, Ahmedabad-380013 , Gujarat, 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. 316(E) dated the 11th May, 1999 for a period of three years beginning with assessment year 2000-2001 and which was extended further vide notification number S.O. 1111 (E) dated the 24th October, 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 two 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 Construction, equipments, furnishing and running of Andh Kalyan Kendra at Village Ranip, District Ahmedabad, Gujarat which is being carried out by Andh Kalyan Kendra (Blind Welfare Centre), 20, Navroop Colony, Shanti Nagar, Ashram Road, Ahmedabad-380013 , Gujarat, without any change in the approved cost of ₹ 105.97 lakhs, as an eligible project or scheme for a further period of two years commencing from the financial year 2006-2007 . [F. No. NC-274/01/2006]