Exemption u/s 35AC - C. G had specified for Health and Family Welfare Project at Ahmedabad/Sabarkantha, Gujarat by Swasthaya Sewa Trust as an eligible project or scheme - 063/2003 - Income Tax

Exemption u/s 35AC - C. G had specified for Health and Family Welfare Project at Ahmedabad/Sabarkantha, Gujarat by Swasthaya Sewa Trust as an eligible project or scheme Notification No. 63 of 2003, dt. 31st March, 2003 Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 676(E) dated the 11th August, 1998 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 5, for Health and Family Welfare Project at Ahmedabad/Sabarkantha, Gujarat by Swasthaya Sewa Trust, 38, Vasu Apartment, Navrang High School Road, Ahmedabad-380013, as an eligible project or scheme for a period of three years beginning with assessment year 1999-2000; And whereas the said project or scheme is likely to extend beyond three years; And whereas the National Committee, 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 of Health and Family Welfare Project at Ahmedabad/Sabarkant, Gujarat which is being carried out by Swasthaya Sewa Trust, 38, Vasu Apartment, Navrang High School Road, Ahmedabad-380013, at the estimated cost of rupees eighteen lakhs twenty-five thousand only, as an eligible project or scheme for a further period of three years commencing from the assessment year 2002-2003. [F.No. NC-166/2002]