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Exemption u/s 35AC of the Income tax act 1961, the central govt. had specified for Vocational training, Education to a destitute child, Out reach cancer care, Detection Camps, Palliative therapy" by Global Cancer Concern India as an eligible project or scheme - S.O. 1470(E) - Income TaxExtract Exemption u/s 35AC of the Income tax act 1961, the central govt. had specified for Vocational training, Education to a destitute child, Out reach cancer care, Detection Camps, Palliative therapy" by Global Cancer Concern India as an eligible project or scheme Notification No. S.O. 1470(E) [F.No. NC-274/09/2008] Dated 17-6-2008 Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 458(E) dated the 30th March, 2006, 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 notified at serial number 11, "( a ) Vocational training, ( b ) Education to a destitute child ( c ) Out reach cancer care, ( d ) Detection Camps, ( e ) Palliative therapy" by Global Cancer Concern India, A-99, Defence Colony, New Delhi-110 024, as an eligible project or scheme for a period of three years beginning with financial year 2005-06; And whereas the said project or scheme is likely to extend beyond three years; And whereas the National Committee for Promotion of Social and Economic Welfare, 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 extending 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 notifies the scheme or project "( a ) Vocational training, ( b ) Education to a destitute child, ( c ) Out reach cancer care, ( d ) Detection Camps, ( e ) Palliative therapy" being carried out by Global Cancer Concern India, A-99, Defence Colony, New Delhi-110 024, without any change in the approved cost of Rs. 47.19 crore, as an eligible project or scheme for a further period of three years beginning with financial year 2008-09.
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