NOTIFICATION NO. 18/2006, DATED 3-2-2006
S.O. (E).- Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.915(E), dated the 27th August, 2002, 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 15, for Pratham Delhi Education Initiative at Delhi by Pratham Delhi Education Initiative, 3rd Floor, ICICI Ltd., NBCC Place, Bhisham Pitamah Marg, Pragati Vihar, New Delhi-110 003, as an eligible project or scheme for a period of three years beginning with assessment year 2003-2004;
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 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 for Pratham Delhi Education Initiative at Delhi which is being carried out by Pratham Delhi Education Initiative, 3rd Floor, ICICI Ltd., NBCC Place, Bhisham Pitamah Marg, Pragati Vihar, New Delhi-110 003, without any change in the approved estimated cost i.e. Rs. 1229.38 lakhs, as an eligible project or scheme for a further period of three years commencing from the financial year 2005-2006.
