Exemption u/s 35AC - C. G. had specified for The Poona Blind Men's Association 50 bed eye hospital at Mohammedwadi, District Pune, Maharashtra, by The Poona Blind Men's Association as an eligible project or scheme - 083/2005- S.O. 372(E) - Income Tax

Exemption u/s 35AC - C. G. had specified for The Poona Blind Men s Association 50 bed eye hospital at Mohammedwadi, District Pune, Maharashtra, by The Poona Blind Men s Association as an eligible project or scheme NOTIFICATION NO. 83/2005, DATED 23-3-2005 S.O. 372(E) - Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 713(E) dated the 8 th August, 1995, 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 8, for The Poona Blind Men s Association 50 bed eye hospital at Mohammedwadi, Off Hadapsar, Taluk Haveli, District Pune, Maharashtra, by The Poona Blind Men s Association, 82, Rasta Peth, Pune-411011, Maharashtra, as an eligible project or scheme for a period of three years beginning with assessment year 1996-1997 which was extended further vide notification number S.O. 836(E) dated the 18 th September, 1999 for a period of three years beginning with assessment year 1999-2001 and which was extended further vide notification number S.O. 983(E) dated the 10 th September, 2002 for a period of three years beginning with assessment year 2002-2003; 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 subsection (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 The Poona Blind Men s Association 50 bed eye hospital at Mohammedwadi, Off Hadapsar, Taluk Haveli, District Pune, Maharashtra which is being carried out by The Poona Blind Men s Association, 82, Rasta Peth, Pune-411011, Maharashtra, without any change in the approved cost i.e. Rs. 668.70 lakhs, as an eligible project or scheme for a further period of three years commencing from the financial year 2004-2005. [F.No. NC-270/01/2005]