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Notification No. 228/2005, Dated 11-11-2005

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 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 : –

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. Asia Heart Foundation, Rabindranath Tagore International, Institute of Cardiac Sciences, 124 Mukundapur, EM By-pass, Kolkata-700 078. Armenian Church Trauma Centre consisting of multi-speciality hospital with a trauma unit; construction of building and purchase of equipments. Rs. 22.07 crores for financial years 2005-06, 2006-07 and 2007-08 i.e. for three years only.
2. Navajyothi Trust, 40, Menambedu Road, Sidco Indl. Estate, Chennai-600 098. Raising endowment income (corpus fund), which will be used for running the various projects of the Trust. Rs. 50 lakhs (corpus fund) financial years 2005-06, 2006-07 and 2007-08 i.e. for three years only.
3. Development & Welfare Association of the Blind, Surdas Bhavan, Deenadayal Nagar, Gollaguda, Nalgonda-508 001, Andhra Pradesh. Nalgonda school and hostel for the blind run by Development and Welfare Association of the Blind (Andhra Pradesh). Rs. 7.63 crores for financial years 2005-06, 2006-07 and 2007-08 i.e. for three years only.
4. Mohan Foundation, A-81, Anna Nagar, Chennai-600 102 Multi Organ Harvesting and Sharing Network in India. Rs. 1.97 crores for financial years 2005-06, 2006-07 and 2007-08 i.e. for three years only.
5. Susunia Dakshin Roy Kishore Club, Village and PO – Susunia, District Purba Medinipur, West Bengal-721 429 Construction of three hundred low cost houses with sanitary latrine and chulha to benefit three hundred poor families. Rs. 1.17 crores for financial years 2005-06, 2006-07 and 2007-08 i.e. for three years only.

 

6. Ramakrishna Vivekananda Mission, Rajgarhia House, 7, Riverside Road, Barrackpore, 24 Parganas (North), West Bengal-700 120. Home for physically handicapped girls and women. Rs. 86.00 lakh for financial years 2005-06, 2006-07 and 2007-08 i.e. for three years only.
7. Center for Slum Development, New National Hotel Kohna Khan, Dalgate, Srinagar, Jammu and Kashmir-190 001. STEP Mushroom. Rs. 46 lakhs for financial years 2005-06, 2006-07 and 2007-08 i.e. for three years only.
8. Akhil Bharat Manav Kalyan Seva Trust, AT & PO Godhavi, Tehsil- Sanand, District Ahmedabad, Gujarat-38 2115. Training centre for development of employment in rural and urban area. Rs. 2.28 crores for financial years 2005-06, 2006-07 and 2007-08 i.e. for three years only.
9. Vatsalya Trust, C-2/32, Shree Vijay Kunj Society, Kanjur Marg (East), Mumbai 400 042. (i ) Orphanage (ii) Balika Ashrama (iii) old age home (iv) child-parents guidance centres. Rs. 1.92 crores for financial years 2005-06, 2006-07 and 2007-08 i.e. for three years only.
10. Bongaigaon Refinery & Petrochemicals Limited, PO – Dhaligaon, District – Bongaigaon, Assam-783 385. Welfare schemes like development schools, development colleges, scholarships, drinking water, community health, adult education, handloom or weaving, afforestation, agriculture, development of villages, sports and culture, vocational training or self-employment schemes etc. Rs. 3.90 crores for financial years 2005-06, 2006-07 and 2007-08 i.e. for three years only.
11. Cohesion Foundation Trust,  6, Sejal Apartment, B/H Navneet Press, Gurukul Road, Memnagar, Ahmedabad- 380 052. Sustainable development of social economically disadvantaged areas of Gujarat. Rs. 2.04 crores for financial years 2005-06 and 2006-07 i.e. for two years only.
12. Sunil Wankhede Medical Foundation, Kiwale, Vikas Nagar, Tal- Haweli, District- Pune. Integrated health care and awareness. Rs. 2.35 crores for financial years 2005-06, 2006-07 and 2007-08 i.e. for three years only.
13. Kutch Vikas Trust, Raidhanpar, PO-Nagor Bhuj – Kutch -370001, Gujarat. Setting up of satellite eye care centers Rs. 1.99 crores for financial years 2005-06, 2006-07 and 2007-08 i.e. for three years only.

2. This notification shall remain in force for a period of two years in relation to the financial years 2005-2006 and 2006-2007 in respect of projects or schemes mentioned at serial number 11 and for a period of three years in relation to financial years 2005-2006, 2006-2007 and 2007-2008 in respect of projects or schemes mentioned at serial number 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 12 and 13.

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