NOTIFICATION NO. 167/2006, DATED 5-7-2006

Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 180(E), dated the 10th March, 1997, issued under 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 had specified at serial number 9, for Land development, construction with amenities of buildings for school workshop, hostel and staff quarters at Kheda District, Mehmudabad, Gujarat, by National Association for Blind (Kheda District Branch), 26-A, Vivekanand Society, Near Telephone Office, Mehemuabad, District Kheda, Gujarat-387130, as an eligible project or scheme for a period of three years beginning with assessment year 1997-1998 which was extended further vide notification number S.O. 216(E), dated the 1st April, 1999 for a period of two years beginning with assessment year 1999-2000 which was extended further vide notification number S.O. 1284(E), dated the 9th December, 2002 for a period of three years beginning with assessment year 2001-2002 and which was extended further vide notification number S.O. 902(E), dated the 5th August, 2003 for a period of three years beginning with assessment year 2004-2005;

And whereas the said project or scheme is likely to extend beyond eleven 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 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project for Land development, construction with amenities of buildings for school workshop, hostel and staff quarters at Kheda District, Mehmudabad, Gujarat which is being carried out by National Association for Blind (Kheda District Branch), 26-A, Vivekanand Society, Near Telephone Office, Mehemdabad, District Kheda, Gujarat-387130, without any change in the approved estimated cost of Rs. 45.91 lakhs, as an eligible project or scheme for a further period of three years commencing from the financial year 2006-2007.

[F. No. NC-274/01/2006]

More Under Income Tax

Leave a Comment

Your email address will not be published. Required fields are marked *

Search Posts by Date

January 2021
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031