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NOTIFICATIONS

INCOME-TAX ACT

Section 35AC(1), read with Explanation (b) thereto, of the Income-tax Act, 1961 – Eligible projects or schemes, expenditure on – Notified eligible projects or schemes

NOTIFICATION NO. 63/2010[F. NO. V-27015/2/2010-SO (NAT.COM)]/ S.O. NO. 1790(E), DATED 21-7-2010

WHEREAS by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 1145(E), dated 16th July, 2007, issued under 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 1, Up-gradation and provision of additional health care facility and free ward plus free facility by Health Foundation and Research Centre, Raliyati, Dahod, Gujarat – 389151, as an eligible project or scheme for a period of three years beginning with financial year 2007-08;

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 specifies the scheme or project “Up-gradation and provision of additional health care facility and free ward plus free facility”, is being carried out by Health Foundation and Research Centre, Raliyati, Dahod, Gujarat – 389151, without any change in the approved cost of Rs. 7.87 crore, as an eligible project or scheme for a further period of three financial years commencing with 2010-11 i.e. 2010-11, 2011-12 and 2012-13.

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