Explanation to section 35AC of the Income-tax Act, 1961, the Central Government had specified for Medical Relief Project at Ahmedabad; by Dardiono Rahat Fund - 136/2002- S.O.608(E) - Income Tax

Explanation to section 35AC of the Income-tax Act, 1961, the Central Government had specified for Medical Relief Project at Ahmedabad; by Dardiono Rahat Fund NOTIFICATION No. 136 Dated 7th June,2002 S.O. 608(E) - Whereas by notification of the Government of India in the Ministry of Finance number S.O. 399(E) dated 6th June 1996 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 11, for Medical Relief Project at Ahmedabad; by Dardiono Rahat Fund, 102, Kashi Parekh Complex, 29, Adarsh Society, Navrangpura, Ahmedabad-380 009, as an eligible project or scheme for a period of three years beginning with assessment year 1997-1998 which was extended further vide notification numbers S.0.312(E) dated the 11th May, 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 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 Medical Relief Project at Ahmedabad; which is being carried out by Dardiono Rabat Fund, 102, Kashi Parekh Complex, 29, Adarsh Society, Navrangpura, Ahmedabad-380 009, at the estimated cost of rupees 1 [ one crore thirty seven lakhs Eight thousand ] only, as an eligible project or scheme for a further period of three years commencing from assessment year 2003-2004. Sd/- (G.C. Srivastava) Secretary (National Committee) F.No.NC-118/2001 ******** Notes 1. Corrected vide NOTIFICATION NO. 221 dated 14-08-2002 before it was read as One Crore Sixteen lakhs