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Exemption u/s 35AC - Central Govt. had specified for Purchase of equipments and providing facilities for Intra-ocular lens operation at Morbi Rajkot. Gujarat, by Smt. Rekhaben Kataria Smruti Trust as an eligible project or scheme - Amendment in N. No. S.0.676(E) dated the 11th August, 1998 - 190/2004-S.O. 792 (E) - Income TaxExtract Exemption u/s 35AC - Central Govt. had specified for Purchase of equipments and providing facilities for Intra-ocular lens operation at Morbi Rajkot. Gujarat, by Smt. Rekhaben Kataria Smruti Trust as an eligible project or scheme - Amendment in N. No. S.0.676(E) dated the 11 th August, 1998 Notification No. 190/2004 Dated 5 th July, 2004 S.O. 792 (E)- Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.0.676(E) dated the 11 th August, 1998, 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 11, for Purchase of equipments and providing facilities for Intra-ocular lens operation at Morbi Rajkot. Gujarat, by Smt. Rekhaben Kataria Smruti Trust - Morbi, C/o Dr. V.C. Kataria. C-3/17, Lalabang, Same-Kanthe, Morbi- 363641, Rajkot, Gujarat, at the estimated cost of rupees twenty lakhs, as an eligible project or scheme for a period of three years beginning with assessment year 1999-2000 and which was extended further vide notification number S.0.555(E) dated the 20 th June, 2001 for a period of 3 years beginning with assessment year 2002-2003 and the cost of the project was amended from rupees 21 lakhs to rupees 33 lakhs; And whereas the said project or scheme is likely to extend beyond six years; And, whereas, the National Committee for the 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 amending the project cost from ₹ 33.00 lakhs to ₹ 45.75 lakhs: 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).- (a) hereby specifies the scheme or project of Purchase of equipments and providing facilities for intra-occular lens operation at Morbi Rajkot, Gujarat which being carried out by Smt. Rekhaben Kataria Smruti Trust - Morbi, C/o Dr. V.C. Kataria, C-3/17, Lalabang, Same-Kanthe, Morbi- 363641, Rajkot, Gujarat for a further period of three more years beginning with financial year 2004-05:and (b) further amends the said notification number S.O. 676(E) dated the 11 th August, 1998, to the following effect, namely:- In the said notification, in the Table against serial number 11, in column (4), relating to maximum cost for which allowed, for the letters, figures and word ₹ 33.00 lakhs the letters, figures and word ₹ 45.75 lakhs shall be substituted. Sd/- (Sunil Sharma) Deputy Secretary (National Committee) F.No.NC-69/2004
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