NOTIFICATION NO. 307/2006, DATED 26-10-2006

Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 850(E), dated the 21st September, 2000, 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 1, for Project for free treatment for cancer patients at New Civil Hospital Campus, Asarwa, Ahmedabad-380016, Gujarat, by the Gujarat Cancer Society, New Civil Hospital Campus, Asarwa, Ahmedabad-380016, as an eligible project or scheme for a period of three years beginning with assessment year 2001-02 and which was extended further vide notification number S.O.1249(E), dated the 30th October, 2003 for a period of three years beginning with assessment year 2004-05;

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And whereas the said project or scheme is likely to extend beyond six 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 Project for the treatment for cancer patients at New Civil Hospital Campus, Asarwa, Ahmedabad-380016, Gujarat which is being carried out by the Gujarat Cancer Society, New Civil Hospital Campus, Asarwa, Ahmedabad-380016, without any change in the approved cost of Rs.611.00 lakhs, as an eligible project or scheme for a further period of three years commencing from the financial year 2006-07.

[F. No. NC-274/03/2006]

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Category : Income Tax (25163)
Type : Notifications (15278) Notifications/Circulars (30306)

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