Explanation to section 35AC of the Income-tax Act, 1961, the Central Government had specified for Construction of Vijayaraj Nagar medical centre building/purchase of instruments/furniture and running of the Centre at Vijayrajnagar, Bhavnagar, Gujarat by Om Shree Ram Mantra Mandir Trust - 410/2002 - Income Tax

Explanation to section 35AC of the Income-tax Act, 1961, the Central Government had specified for Construction of Vijayaraj Nagar medical centre building/purchase of instruments/furniture and running of the Centre at Vijayrajnagar, Bhavnagar , Gujarat by Om Shree Ram Mantra Mandir Trust NOTIFICATION NO. 410 Dated 30th December, 2002 Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.154(E) dated the 23rd February,2000, 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 1, for Construction of Vijayaraj Nagar medical centre building/purchase of instruments/furniture and running of the Centre at Vijayrajnagar, Bhavnagar, Gujarat by Om Shree Ram Mantra Mandir Trust. Ram Nagar, Talaja Road, Bhavnagar, Gujarat-364003 as an eligible project or scheme for a period of three years beginning with assessment year 2000-2001; 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 Construction of Vijayaraj Nagar medical centre building/purchase of instruments/furniture and running of the Centre at Vijayrajnagar. Bhavnagar, Gujarat. which is being carried out by Om Shree Ram Mantra Mandir Trust, Ram Nagar, Talaja Road, Bhavnagar, Gujarat-364003 at the estimated cost rupees of fifteen crores ninety three lakhs (including a corpus fund of Rs. Ten crores) only as an eligible project or scheme for a further period of three years commencing from the assessment year 2003-2004. Sd/- (G. C.Srivastava) Secretary (National Committee) F.No. NC-138/2002