Exemption u/s 35AC - Central Govt. had specified for setting up a Rehabilitation Centre for Leprosy affected youth and purchase of furniture, equipments, wheel chair, appliances, tools and vehicles at Delhi, by the Lepra India Trust as an eligible project or scheme - 148/2004 - Income Tax

Exemption u/s 35AC - Central Govt. had specified for setting up a Rehabilitation Centre for Leprosy affected youth and purchase of furniture, equipments, wheel chair, appliances, tools and vehicles at Delhi, by the Lepra India Trust as an eligible project or scheme Notification No. 148 of 2004, dt. 20th May, 2004 S.O. 605 (E) -Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.258(E) dated the 22nd March, 2001, issued under sub section (1) of, 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 setting up a Rehabilitation Centre for Leprosy affected youth and purchase of furniture, equipments, wheel chair, appliances, tools and vehicles at Delhi, by the Lepra India Trust, 4 - Jaipur Estate, Nizamuddin East, New Delhi - 110013, as an eligible project or scheme for a period of three years beginning with assessment year 2001-2002; 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 for Setting up a Rehabilitation Centre for Leprosy affected youth and purchase of furniture, equipments, wheel chair, appliances, tools and vehicles at Delhi, which is being carried out by The Lepra India Trust, 4 -- Jalpur Estate, Nizamuddin East, New Delhi - 110013, at the estimated cost of rupees two crores thirteen lakhs seventy seven thousand only, as an eligible project or scheme for a further period of three years commencing from the financial year 2003-2004. F.No. NC-395/2003