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Notification No         :      1

Section(s) Referred       :

Notification No         :      1

Section(s) Referred       :                                section 35AC

Date of Issue          :       7/1/2004

Notification No. 1 of 2004, dt. 7th Jan., 2004

In exercise of the powers, conferred by sub-section (1) of, 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 section 35AC, namely; –

Sr. No.

            Name of the Institution

            Project or scheme and estimated cost thereof

            Maximum amount of cost to be allowed as deduction under section 35AC

1.

 Shree Ramroti Annakshetra Ashram, At Kothariya Ta. Wadhwan, District Surendranagar – 363030.

 Running of Ramroti Annakshetra Ashram – a Gaushalas project.

Rs. 30.91 crore including a corpus fund of Rs, 15.00 crore for Assessment Years 2004-2005, 2005-2006 and 2006-2007, i.e., for three years only.

2.

Centre for Science and Environment, 41, Tughlakabad Institutional Area, New Delhi- 110062

Promotion of water harvesting

Rs. 115.35 lakhs For Assessment Years 2004-2005, 2005-2006 and 2006-2007, i.e. for three years only.

3.

Shri Swami Vivekananda Bahuuddeshiya Sewabhawi, Sanstha Surlegaonkar Niwas Boarde -Lane, At and PO Georai, DistBeed-431127.

Construction of 100 low cost houses for disabled weaker sections of the society.

Rs. 55.25 lakhs for Assessment Years 2004-2005, 2005-2006 and 2006-2007, i.e., for three years only.

4.

Prem Charitable Trust, 3/20 PremaVasam Kovoor, Mangadu via Chennai602101, Tamil Nadu.

Construction of home for mentally retarded physically challenged and orphan children purchase of furniture/fixture etc.

Rs. 132.95 lakhs for Assessment Years 2004-2005, 2005-2006 and 2006-2007, i.e., for three years only.

5.

Swami Shree Harigiri

Charitable Trust, Abhay Ashram Ambeshwarji, Sirohi, Dist. Rajasthan

Purchase of medical equipments, machine etc and repairs or renovation and running of hospital.

Rs. 1025.00 lakhs including a corpus fund of Rs. 833.00 lakhs for Assessment Years 2004-2005, 2005-2006 and 2006-2007, i.e., for three years only.

6.

Shree Gopinathji Dev Kelwani Trust, AT & Post GADHADA, Distt. Bhavanagar- 364750.

Construction of extention building, Guest House, purchase of Computers, furniture or fixtures and running of the project.

Rs. 322.00 lakhs including a corpus fund of Rs. 251.00 lakhs for Assessment Years 2004-2005,

2005-2006 and 2006-2007, i.e.for three years only.

7.

 Vivekanada Adarsha Sevashram, Village Golapichak, Post Vidyasagar University District Paschim Medinipur 721102, West Bengal.

Construction of residential school for SC/ ST and destitute children.

Rs. 53.43 lakhs for Assessment Years 2004-2005, 2005-2006 and 2006-2007, i.e., for three years only

8.

Construction Industry Development Council, 801, Hemkunt Chamber, 89 Nehru Place, New Delhi -110019.

Welfare programme for construction workers

Rs. 45.00 lakhs for Assessment Years 2004-2005, 2005-2006 and 2006-2007, i.e., for three years only

9.

Construction Industry Development Council, 801, Hemkunt Chamber, 89 Nehru Place, New Delhi -110019.

Construction of minor irrigation i) Borivade Dam [ii] Borpadale Dam and cleaning and beautification of Kodoli village.

Rs. 3391.00 lakhs for Assessment Years 2004-2005, 2005-2006 and 2006-2007, i.e., for three years only

10.

Netaji Azad Hind Fauj Smarak Nyas, 10196 , Mata Mandir GaH, Jhandewalan, New Delhi 110055

Purchase of land, construction of building for school, hostel, purchase of furniture fixture books utensils etc- Establishment of one Military school and 20 cluster level coordination centres and running of the project.

Rs. 35.00 crore including a corpus fund of Rs. 17.00 crore for Assessment Years 2004-2005, 2005-2006 and 2006-2007, i.e. for three years only.

11.

Medical Research foundation, 18, College Road , Chennai- 600006.

Free Eye surgeries and running of hospital

Rs. 3270.00 lakhs including a corpus fund of Rs. 2800.00 lakhs for Assessment Years 2004-2005, 2005-2006 and 2006-2007, i.e. for thee years only.

12.

Kshetropasna, Gokul dham. Maduvankarai, Sriperumbudur, Kanchipuram District, Tamil Nadu-602105

Expansion of (i) old age home (ii) Ayurvedic Dispensary (iii) Padasala (vedic school) (iv) Corpus fund to carry out the above projects.

Rs. 1149.34 lakhs including a corpus fund of Rs. 976.00 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 three years in relation to assessment years 2004-2005, 2005-2006 and 2006-2007 in respect of projects or schemes mentioned at serial number 1,2,3,4,5,6.7,8,9,10,11 and 12 the said Table.

 

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