NOTIFICATION NO. 237/2006, DATED 4-9-2006

S.O. 1419(E).— Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) Number S.O. 604(E), dated the 20th May, 2004, 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 4, for Non-formal education to SC/ST/Minorities & economically weaker sections of the society by Social Welfare of India Organisation, H.No.143, Vidhata Nagar, Bhatindee Road, Nerwal, Post office Sainik Coloy, Jammu (J&K), as an eligible project or scheme for a period of three years beginning with Assessment Year 2003-04;

AND WHEREAS the said project or scheme is likely to extend beyond three 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 two 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 Non-formal education to SC/ST/Minorities & economically weaker sections of the society which is being carried out by Social Welfare of India Organisation, H.No.143, Vidhata Nagar, Bhatindee Road, Nerwal, Post office Sainik Coloy, Jammu (J&K), without any change in the approved cost of Rs. 305.00 lakhs, as an eligible project or scheme for a further period of two years commencing from the financial year 2006-07.

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Category : Income Tax (25480)
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