NOTIFICATION NO. 41/2007, DATED 15-2-2007
Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue), Number S.O. 1365(E), dated the 27th November, 2003, issued under sub-section (1) read with clause (b) of the Explanation to section 35 AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial Number 4, for Education and Health support Scheme for Children of poor and socially marginalized class by Nav Bharat Jagriti Kendra, Head Office Village Bahera, P.O. Brindavan Via Chouparan, District Hazaribag-(Jharkhand) as an eligible project or scheme for a period of three years beginning with assessment year 2004-05;
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 35 AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project for Education and Health Support Scheme for Children of poor and socially marginalized class which is being carried out by Nav Bharat Jagriti Kendra, Head Office Village Bahera, P.O. Brindavan Via Chouparan, District Hazaribag-(Jharkhand), without any change in the approved cost of Rs. 39.00 lakhs, as an eligible project or scheme for a further period of three years commencing from the financial year 2006-07
