Explanation to section 35AC of the Income-tax Act, 1961, the Central Government had specified for Equipments, running of Pain Relief Centre (SATSEVA) at 827 Bhavani Peth, Pune, Maharashtra by Care India Medical Society - 249/2002 - Income Tax

Explanation to section 35AC of the Income-tax Act, 1961, the Central Government had specified for Equipments, running of Pain Relief Centre (SATSEVA) at 827 Bhavani Peth, Pune, Maharashtra by Care India Medical Society Notification No. 249 of 2002 Dated 10th Sept, 2002 . S.O.973(E) - Whereas by notification of the Government of India in the Ministry of Finance number S.O. 206(E) dated the 17th March, 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 20, for Equipments, running of Pain Relief Centre (SATSEVA) at 827 Bhavani Peth, Pune, Maharashtra by Care India Medical Society, H-1/13, Salunke Vihar, Pune, Maharashtra-411 048 as an eligible project or scheme for a period of three years beginning with assessment year 1997-98 which was extended further vide notification number S.O. 217(E) dated 1st April, 1999, for a period of three years beginning with assessment year 2000-2001; And whereas the said project or scheme is likely to extend beyond six years; And whereas the National Committee, being satisfied that the said project or scheme is being executed properly, made a further recommendation under subrule (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, Equipments, running of Pain Relief Centre (SATSEVA) at 827 Bhavani Peth, Pune, Maharashtra; which is being carried out by Care India Medical Society, H-1/13, Salunke Vihar, Pune, Maharashtra-411 048 at the estimated cost of rupees fifteen lakhs fifty thousand plus a corpus fund of rupees six crores only as an eligible project or scheme for a further period of three assessment years commencing from assessment year 2003-2004. [F.No. NC-80/2002]