Explanation to section 35AC of the Income-tax Act, 1961, the Central Government had specified for Health for Construction of building at Tughlakabad Institutional Area, New Delhi by Rotary District 3010 Social Welfare Society - 143/2002- S.O.615(E) - Income Tax

Explanation to section 35AC of the Income-tax Act, 1961, the Central Government had specified for Health for Construction of building at Tughlakabad Institutional Area, New Delhi by Rotary District 3010 Social Welfare Society NOTIFICATION No.143 Dated 7th June,2002 S.O.615(E)- Whereas by notification of the Government of India in the Ministry of Finance number S.0.1140(E) dated the 18th November, 1999, 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 for setting up Rotary Blood Bank Project at Tughlakabad Institutional Area, New Delhi by Rotary District 3010 Social Welfare Society, M-143, Greater Kailash Part-11, New Delhi - 110 048 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 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 building, furnishing, purchase of equipments for setting up Rotary Blood Bank Project at Tughlakabad Institutional Area, New Delhi which is carried out by Rotary District 3010 Social Welfare Society, M-143, Greater Kailash Part-11, New Delhi - 110 048 at the estimated cost of rupees three hundred sixty five lakhs 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-37/2002