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Notification No. :     16

Section(s) Referred  :    s. 35AC

Date of Issue    :   22/1/2003

Notification No. 16 of 2003, dt. 22nd Jan., 2003

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), the Central Government on the recommendations of the National Committee, 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 column (4) of the said Table, the maximum of such cost which may be allowed as deduction under the said section 35AC, namely :

                                 TABLE
—————————————————————————–
sr. Name of the institution  Project or scheme and     Maximum amount of
No.                          estimated cost thereof    cost to be allowed as
                                                       deduction under
                                                       section 35AC
—————————————————————————–
(1)         (2)                       (3)                  (4)
—————————————————————————–
1. Siva Sakhti Sathya Sai    Corpus fund for Siva Sakhti  Rs. 8.00 Crores
   Charitable Trust, No.3,   Sathya Sai Charitable Trust. (corpus fund) for
   Ponniyamman Koil Street,                               assessment year 2003-
   Alapakkam, Chennai-                                    2004, 2004-2005 and
   600116.                                                2005-2006 i.e., for
                                                          three years only.
 
2. Sri Simandhar Swami      Construction or expansion and Rs. 228.54 lakhs for
   Aradhana Trust, 5,       running of Gurukul or Gyan    assessment years
   Mamta Park Society,      Mandir and Health Care Clinic 2003-2004 and 2004-
   Behind Navgujarat                                      2005 i.e., for two
   College, Usmanpura,                                    years only.
   Ahmedabad-380014.
 
3. Bharatha Swamukti        “BSS Microloan and Savings    Rs. 124.00 lakhs for
   Samstha, B-81, Industrial Project”                     assessment years
   Estate, Rajaji Nagar,                                  2003-2004, 2004-2005
   Bangalore-560044.                                      and 2005-2006 i.e.,
                                                          For three years only.
 
4. Bhadrajun Artisan Trust,  Construction of extension    Rs. 6.00 lakhs for
   N-19, Panchsheel Park,    building and running of      assessment years
   New Delhi-110017.         school                       2003-2004, 2004-2005
                                                          and 2005-2006 i.e.,
                                                          for three years only.
 
5. Rural Development         Integrated Tribal Develo-    Rs. 176.04 lakhs for
   Centre (RDC), Grace       ment Project.                assessment years
   Bhavan, Motbung,                                       2003-2004, 2004-2005
   Manipur-795107.                                        and 2005-2006 i.e.
                                                          for three years only.
 
6. Bhansah Trust, 640-646,   Integrated Rural Develop-    Rs.1,275.00 lakhs for
   Panchratna Mama           ment Project.                assessment years
   Parmanand Marg,                                        2003-2004, 2004-2005
   Mumbai-400004.                                         and 2005-2006 i.e.,
                                                          for three years only.
 
7. People for Animals, 14,  Maintenance of animal         Rs. 490.00 lakhs
   Ashoka Road, New         hospitals or shelters,        for assessment years
   Delhi-110001.            purchase of medicine,        2003-2004, 2004-2005
                            feed, ambulances and          and 2005-2006 i.e.,
                            running of animal             for three years only.
                            awareness programme
                            and the project.
—————————————————————————–

2. This notification shall remain in force for a period of two years in relation to assessment years 2003-2004 and 2004-2005 in respect of project or scheme mentioned at serial number 2 and for a period of three years in relation to assessment years 2003-2004, 2004-2005 and 2005-2006 in respect of projects or schemes mentioned at serial number 1, 3, 4, 5, 6 and 7 of the said Table.

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