Explanation to section 35AC of the Income-tax Act, 1961, the Central Government had specified for Construction of building and running of AnkurSchool for the Mentally Retarded Children at Bhavnagar, Gujarat, by Deceased Bhavsar Devchandbhai Muljibhai Talajiya - 250/2002 - Income Tax

Explanation to section 35AC of the Income-tax Act, 1961, the Central Government had specified for Construction of building and running of Ankur School for the Mentally Retarded Children at Bhavnagar , Gujarat , by Deceased Bhavsar Devchandbhai Muljibhai Talajiya Notification No. 250 of 2002 Dated 10th Sept., 2002 Whereas by notification of the Government of India in the Ministry of Finance 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 6, for Construction of building, furnishing, purchase of equipments, school bus and running of Ankur School for the Mentally Retarded Children at Bhavnagar, Gujarat, by Deceased Bhavsar Devchandbhai Muljibhai Talajiya and Deseased Bhavsar Khamalaxmi Devchandbhai Talajiya Ankur School for Mentally Retarded Children Plot No 1945, Sardarnagar Circle, Near Working Women's Hostel, Sardarnagar, Bhavnagar-364 002 (Gujarat) 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 of 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 building, furnishing, purchase of equipments, school bus and running of Ankur School for the Mentally Retarded Children at Bhavnagar, Gujarat, which is being carried out by Deceased Bhavsar Devchandbhai Muljibhai Talajiya and Deseased Bhavsar Khamalaxmi Devchandbhai Talajiya Ankur School for Mentally Retarded Children, Plot No. 1945, Sardarnagar Circle, Near Working Women's Hostel, Sardarnagar, Bhavnagar-364 002 (Gujarat) at the estimated cost of rupees one crore nineteen lakhs and eighty-one thousand only as an eligible project or scheme for a further period of three years commencing from assessment year 2003-2004. [F.No.NC-80/2002]