Exemption u/s 35AC - Central Government had specified for Education of blind children in ordinary school alongwith sighted children; Prevention of blindness by National Association for the Blind, India as an eligible project or scheme - 088/2005- S.O. 377(E) - Income Tax

Exemption u/s 35AC - Central Government had specified for Education of blind children in ordinary school alongwith sighted children; Prevention of blindness by National Association for the Blind, India as an eligible project or scheme NOTIFICATION NO. 88/2005, DATED 23-3-2005 S.O. 377(E)- Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 549(E) dated the 2 nd July, 1998, 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 14, for ( a ) Education of blind children in ordinary school alongwith sighted children; ( b ) NAB Sir J. Duggan Braille Press, NAB Jitendra Mafatlal Mehta Computerised Braille Production Centre; ( c ) Prevention of blindness-Glaucoma; ( d ) NAB M.P. Shah All India Talking Book Centre and ( e ) Services for Multi-Disabled Blind Children at Mumbai, Maharashtra, by National Association for the Blind, India, 11, Khan Abdul Gaffar Khan Road, Worli Seaface, Mumbai- 400025, as an eligible project or scheme for a period of three years beginning with assessment year 1999-2000 which was extended further vide notification number S.O. 562(E) dated the 20 th June, 2001 for a period of three years beginning with assessment year 2002-2003; And whereas the said project or scheme is likely to extend beyond six 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 of for ( a ) Education of blind children in ordinary school alongwith sighted children; ( b ) NAB Sir J. Duggan Braille Press, NAB Jitendra Mafatlal Mehta Computerised Braille Production Centre; ( c ) Prevention of blindness-Glaucoma; ( d ) NAB M.P. Shah All India Talking Book Centre and ( e ) Services for Multi-Disabled Blind Children at Mumbai, Maharashtra, which is being carried out by National Association for the Blind, India, 11, Khan Abdul Gaffar Khan Road, Worli Seaface, Mumbai- 400025, without any change in the approved cost i.e. ₹ 280.35 lakhs plus a corpus fund of ₹ 124.00 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]