Notification No. : 20
Date of Issue : 14/1/2004
Notification No. 20 of 2004, dt. 14th Jan., 2004
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), the Central Government on the recommendations of the National Committee for Promotion of Social and Economic Welfare, hereby approves the institutions mentioned in column (2) of the Table below and specifies the eligible projects or schemes and the estimated cost thereof as mentioned in column (3) of the said Table and also specifies in the column (4) of the said Table, the maximum amount of such cost which may be allowed as deduction under the said provisions of Income-tax Act, 1961, namely: –
Serial Number
Name of the institution
Project or scheme and estimated cost thereof
Maximum amount of cost to be allowed as deduction under section 35AC
1. Ramarao Adik Education Society, DY Patil Building , Opp. MIG Colony, Adarshnagar, Worii, Mumbai-400025
Construction of building, purchase of equipments, Air conditioners, vehicles etc. Rs. 75.00 crores for Assessment Years 2004-2005 and 2005-2006, i.e., for two years only.
2. Achkan Educational Trust, 703, Kapoor tower-3, Jesal Park , Bhayander (E), Thane -401105, Maharashtra.
Purchase and development of land, construction of school building, purchase of furniture and running of the project. Rs.947.00 lakhs for Assessment Years 2004-2005, 2005-2006 and 2006-2007, i.e., for three years only,
3. Jagadguru Educational Cultural and Charitable Trust, Vyasa Mandiram Kannampuzha Road , Chalakudy Kerala-680 307
(a) Vyasavidyaniketan Central School , Chalakudy, Kerala
(b) Vivekananda Bal Vikas Kendra PO Chalakudy
(c) Patanjali Yoga Vidya Peetam
(d) Jeevan Raksha Vedi Rs. 173.00 lakhs for Assessment Years 2004-2005, 2005-2006 and 2006-2007, i.e., for three years only.
4. S.M. Kumar Educational & Social Welfare Trust, 2125, 4th Cross Street Trustpuram, Kodambakkam, Chennai-24.
Construction of Students Home (Boarding & Lodging) Rs.68.80 lakhs for Assessment Years 2004-2005 and 2005-2006, i.e., for two years only.
5. Indian Insitute of Medicine for Research, Education & Rehabilitation, C/o Dr. Karne Hospital Pvt. Ltd., Satara Road, Pune-411 037 Pune.
Construction of hospital (medical health centre) for curative medical aid and conduct mass awareness programme in adivasi and tribal areas of Maharashtra Rs.2556.00 lakhs for Assessment Years 2004-2005, 2005-2006 and 2006-2007, i.e., for three years only.
6. Shri Sant Tukdoji Maharaj Gramin Bahu-Udeshiya Shikshan Sanstha, Sadhankarwadi Ward No, 3, Chikhalgaon Tah-Wani, District Yeotmal, Maharashtra.
Purchase of land, site development, construction of hospital building, residential quarters for doctors, nurses, purchase of equipments, vehicles, computers, furniture and fixtures and running of the hospital. Rs. 4834.21 lakhs for Assessment Years 2004-2005, 2005-2006 and 2006-2007, i.e., for three years only.
7. R.N.S. Trust, Naveen Complex, No, 14, M.G. Road, Bangalore -560001.
Interior decoration and finishing of hospital building, purchase of medical equipments/ instruments etc. Rs.864.40 lakhs for Assessment Years 2004-2005, 2005-2006 and 2006-2007, i.e., for three years only.
8. HIMCON (Himalayan Consortium for Himalayan Conservation), No, 44, Panchsheel Park , New Delhi-110017. Rs.4.03 crores for Assessment Years 2004-2005, 2005-2006 and 2006-2007, i.e., for three years only.
9. Shree Ambica Niketan Trust, Parle Point Athwa Lines, Surat-395 007
Construction of Senior Citizens home – Shree Bhartunaiya Ananddhara (Vriddaahram) and running of the project. Rs.4.21 crores including a corpus fund of Rs.2.92 crores for Assessment Years 2004-2005, 2005-2006 and 2006-2007, i.e., for three years only.
10. Deepalaya, 46, Institutional Area, D-Block, Janakpuri, New Delhi-110 058.
Construction of building for dispensary purchase of furniture and equipments, van & running of health project for villagers in rural area of Mewat.Rs.97.18 lakhs for Assessment Years 2004-2005, 2005-2006 and 2006-2007, i.e., for three years only.
2. This notification shall remain in force for a period of two years in relation to assessment year 2004-2005 and 2005-2006 in respect of projects or schemes mentioned at serial number 1, 4 and for a period of three years in relation to assessment years 2004-2005, 2005-2006 and 2006-2007 in respect of projects or schemes mentioned at serial numbers 2,3,5,6,7,8,9 and 10 of the said Table,
F.No.NC-333/2003
