Notification No : 147
Section(s) Referred : Section 35AC
Date of Issue : 20/5/2004
Notification No. 147 of 2004, dt. 20th May, 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, of Income-tax Act, 1961, namely:-
TABLE
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) (2) (3) (4)
1. Shri Hanumant Seva Medicare Trust, 13, Sarvodaya Society, Mahuva-364290. Construction of hospital building, purchase of furniture, Air conditioners, generators etc & running of the project Rs. 978.00 lakhs for Financial Years 2003-04, 2004-05 and 2005-06 i.e; for three years only subject to the condition that (a) the Trust should display public notices in prominent places that the benefits provided to persons from economically weaker sections of the society are free of cost; (b) Maintain complete records of beneficiaries with their names and addresses. (c) the institution would file a report from the Chartered Accountant alongwith return of income of each assessment year certifying that the existing records of the institution adequately demonstrate that 50% or more of the total beneficiaries came from the economically weaker sections of society and that full benefits were rendered to them free of cost.
2. Choriwad Hitvardhak Mandal, At and PO Choriwad Tal. Vadali, District Sarbarkantha – 383235 Construction of school building, Library, Computer centre etc. Rs. 19.20 lakhs for Financial Years 2003-04, 2004-05 and 2005-06 i.e; for three years only.
3. Saraspur Seva Trust, Santokben Mafatlal Patel Arogya Bhavan, Behind Police Chowky, Saraspur, Ahmedabad-18. Purchase of medical equipments, furniture etc. for the hospital. Rs. 312.00 lakhs for Financial Years 2003-04, 2004-05 and 2005-06 i.e; for three years only.
4. Social Welfare of India Organisation, H.No. 143, Vidhata Nagar, Bhatindee Road, Nerwal, Post office Sainik Colony, Jammu (J&K) Non-formal education to SC/ST/Minorities & economically weaker sections of the society. Rs.305.00 lakhs for Financial Years 2003-04, 2004-05 and 2005-06 i.e; for three years only. The committee approved the project partially for 100 educational centers as against 1000 centers.
5. Institute for Education, training & Rehabilitation of Mentally Retarded Children Trust, Sadana, Voc Nagar, TB Sanatorium, PO Vellore, Tamilandu-632 001 Construction of Hostel and cottages for MR Children and Adults Rs. 50.00 lakhs for Financial Years 2003-04, 2004-05 and 2005-06 i.e; for three years only.
6. Vanarai Trust, Aditya Residency, 498, Parvati, Mitramandal Chowk, Pune-411009 Ideal Village project Rs. 111.96 crores for Financial Years 2003-04, 2004-05 and 2005-06 i.e; for three years only.
7. Swami Rama Foundation Trust, Ram Nagar Swami Ram Marg, Bhurewala, Narain Garh, District-Ambala (Haryana) Purchase of land, Construction of buildings for orphanage, Eye Hospital, Herbal Research Institute, old age home and Nature care centre. Rs. 53.00 crores for Financial Years 2003-04 and 2004-05 i.e; for two years only. The Committee restricted the approval to the first phase of the project.
8. Tarun Mitra Mandal, 833, Meghchhaya, Sri Sai Baba Road, Lalbaug, Mumbai-400012 Running of (a) Manav Blood Donations camps (b) Yuvraj Eye Donation camps and (c) maintenance of office vehicles and running of expenses of the project. Rs. 194.25 lakhs (including a corpus fund of Rs.100.00 lakhs) for Financial Years 2003-04, 2004-05 and 2005-06 i.e; for three years only.
9. Vishwa Manav Samta Parishad, 23/47/111E/1 Kydwai Nagar, Baghambari Road, Bhardwaj Puram, Prayag, Allahabad (UP)-211006. Family Welfare & immunization programme Rs. 3.00 crores (cost of proposed work in four blocks) for Financial Years 2003-04, 2004-05 and 2005-06 i.e; for three years only.
10. H.B.S. Trust, (Human Benefits Services Trust) 21-C, First Floor, Ratanada, Jodhpur-342001 (Rajasthan) Establishment and running of the school and hospital. Rs. 937.74 lakhs (including a corpus fund of Rs. 500.00 lakhs) for Financial Years 2003-04, 2004-05 and 2005-06 i.e; for three years only subject to the condition that (a) the Trust should display public notices in prominent places that the benefits provided to persons from economically weaker sections of the society are free of cost (b) the institution would file a report from the Chartered Accountant alongwith return of income of each assessment year certifying that the existing records of the institution adequately demonstrate that 50% or more of the total beneficiaries came from the economically weaker sections of the society and that full benefits were rendered to them free of cost, (c) maintain complete records of beneficiaries with their names and addresses.
11. World Welfare Organisation, 402, Jeet Complex, Behind Jain Temple, C.G. Road, Ahmedabad 380009, Gujarat. Construction of school building (Super Baby Institute), hostel, education through slide-shows, audio-video technology and hi-tech, animation technology and nutrition programme for poor children and running of the project. Rs. 5.80 crores (including a corpus fund of Rs.14.00 lakhs) for Financial Years 2003-04, 2004-05 and 2005-06 subject to the condition that agricultural land should be converted into nonagricultural one.
12. Deepak Charitable Trust, 9-10, Kunj Society, Alkapuri, Baroda-390007. Safe motherhood and child survival project Rs. 24.96 crores for Financial Years 2003-04, 2004-05 and 2005-06 i.e; for three years only subject to the condition that (a) National Committee should monitor the project through annual inspection, (b) The trust should be asked to give a certificate from a Chartered Accountant certifying that the expenditure has been genuinely incurred on the project approved u/s 35AC by the National Committee.
2. This notification shall remain in force for a period of two years in relation to financial years 2003-2004 and 2004-2005 in respect of project or scheme mentioned at serial number 7 and for a period of three years in relation to financial years 2003-2004, 2004-2005 and 2005-2006 in respect of project or schemes mentioned at serial numbers 1,2,3,4,5,6,8,9,10,11, and 12 of the said Table.
