Exemption u/s 35AC - Central Govt. had specified for Purchase of equipments for Manilal Rikhavchand Kothari Lions Orthopaedic and General Hospital and running of said hospital at Navsari, Gujarat, by Navsari Lions Sarvajanik Charitable Trust as an eligible project or scheme - 189/2004- S.O.791(E) - Income Tax

Exemption u/s 35AC - Central Govt. had specified for Purchase of equipments for Manilal Rikhavchand Kothari Lions Orthopaedic and General Hospital and running of said hospital at Navsari, Gujarat, by Navsari Lions Sarvajanik Charitable Trust as an eligible project or scheme Notification No. 189/2004 Dated 5 th July, 2004 SO. 791(E) - Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.0.698(E) dated the 3 rd October, 1997, issued under 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 12, for Purchase of equipments for Manilal Rikhavchand Kothari Lions Orthopaedic and General Hospital and running of said hospital at Navsari, Gujarat, by Navsari Lions Sarvajanik Charitable Trust, Ashapuri Road, Dudhia Talav, Navsari, Gujarat at the estimated cost of rupees one crore fifty-six lakhs eighty thousand only, as an eligible project or scheme for a period of three years beginning with assessment year 1998-1999 and which was extended further vide notification number S.0.304(E) dated the 29 th March, 2000 for a further period of three years beginning with assessment year 2001-2002; 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 property, 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 Purchase of equipments for Manilal Rikhavchand Kothari Lions Orthopaedic and General Hospital and running of said hospital at Navsari, Gujarat, which is being carried out by Navsari Lions Sarvajanik Charitable Trust, Ashapuri Road, Dudhia Talav, Navsari, Gujarat, without any change in the estimated cost, as an eligible project or scheme, for a further period of three years commencing from the financial year 2003-2004. Sd/- (Sunil Sharma) Deputy Secretary (National Committee) F.No.NC-69/2004