Section 35AC, read with Explanation (b) thereto of the Income-tax Act, 1961 – Eligible projects or schemes, expenditure on – Notified eligible projects or schemes

Notification No. 32/2012 [F. No. V.27015/2/2012-SO (NAT.COM]/S.O. 1030(E), dated 7-5-2012

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 notifies the institutions approved by the said National Committee, mentioned in column (2) of the Table below, and approves the eligible projects or schemes specified to be carried on by the said institutions and the estimated cost thereof as mentioned in column (3) of the said Table, and also specifies in the column (4) of the Table the maximum amount of such cost which may be allowed as deduction under the said section 35AC for the period of approval, 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. Sri Keshava Trust, #504, 40th Cross, Jayanagar, 8th Block, Bangalore – 560 070. Taking Comprehensive Eye Care Using In situ treatment for various eye conditions.

(Cost of Rs. 4.95 crore)

Rs. 4.95 crore for three financial years commencing with 2012-13 i.e 2012-13, 2013-14 & 2014-15.
2. The Vanvasi Yuva Sangthan, P.O.Kharod TA. Ghoghamba District Panchmahal, Gujarat. Expansion & running of school ORPHAN student.

(Cost of Rs. 1.19 crore)

Rs. 1.19 crore for three financial years commencing with 2012-13 i.e 2012-13, 2013-14 & 2014-15.
3. Menaba Charitable Trust, 26, Mahavir Jain society, Near Amber Cinema, Bapunagar, Ahmedabad 380 024, Gujarat. Rehabilitation of physically challenged girls.

(Cost of Rs. 3.62 crore including corpus fund of Rs. 1 crore).

Rs. 3.62 crore including corpus fund of Rs. 1 crore for three financial years commencing with 2012-13 i.e. 2012-13, 2013-14 & 2014-15.
4. St. Gonsalo Garcia Ashram School Bassein Fort, P.Q.Vasai, Vasai Road (West) Distt Thane Maharashtra . -401 201. Enhancement of present Ashram School Activities.

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(Cost of Rs. 1.97 crore including a corpus fund of Rs. 50 lakh).

Rs. 1.97 crore including a corpus fund of Rs. 50 lakh for three financial years commencing with 2012-13 i.e. 2012-13, 2013-14 & 2014-15.
5. Chivalry Poverty Alleviation Development Association, Kalinaman Mao, District Senapati, Manipur. Poverty Alleviation through Income Generating Training Programme.

(Cost of Rs. 350.58 lakh)

Rs. 350.58 lakh for’ three financial years commencing with 2012-13 i.e. 2012-13, 2013-14 & 2014-15.
6. Ajinkya Foundation, 1318, Near Lal Jain Mandir, Kupwad, Tal. Miraj, District Sangli, Maharashtra – 416 425. Ajinkya Foundation’s Institute for the mentally handicapped.
(Cost of Rs. 2.55 crore)
Rs. 2.55 crore for three financial years commencing with 2012-13 i.e.. 2012-13, 2013-14 & 2014-15.
7. Samta Vikas Samiti, Regd. Office village Sakoorabad, Post Gajrola, Teh. Dhanora, J.P.Nagar. Establishment of Non-Formal Education Centre for Children and Drop out Girls of Weaker Section.

(Cost of Rs. 4.23 crore)

Rs. 4.23 crore for three financial years commencing with 2012-13 i.e. 2012-13, 2013-14 & 2014-15.
8. Mar Pachomios Charitable Society, Mar Pachomios Mount, Meempara P.O. Puthencruze. Ernakulam – 682 308. a.  PRASANNAM Mental Health Care Centre, Karikodu (P.O.), Kerala

b.  PRAKASAM Institute of Special Education South Piramadom, Pampakuda, Ernakulam, Kerala.

c.  PRASANTHAM Palliative Care Centre for HIV/AIDS & Cancer Patients.

(Cost of Rs. 11.49 crore)

Rs. 11.49 crore for three financial years commencing with 2012-13 i.e. 2012- 13, 2013-14 & 2014-15.
9. Sarvodaya Vikas Samiti, G.T.Road, Saidabad, Allahabad, Uttar Pradesh – 221 508. Type, Shorthand training
(Cost of Rs. 16.80 lakh)
Rs. 16.80 lakh for three financial years
commencing with 2012-13 i.e. 2012-13, 2013-14 & 2014-15
10. Ramakrishna Mission Students’ Home, No. 66, Sir P.S. Sivaswamy alai, Mylapore, Chennai -600 004. To provide free technical diploma education, boarding and lodging to the under privileged boys.

(Cost of Rs. 17.00 crore as a corpus fund)

Rs. 17.00 crore as a corpus fund for three financial years commencing with 2012-13 i.e. 2012-13, 2013-14 & 2014-15.
11. Jabez Fellowship, Sherwood Estate, Block – H Flat – 2K, 169 NSC Bose Road, Narendrepur, Kolkata – 700 103. Sustainable Community based Rehabilitation for substance abusers leading to whole person recovery in Kolkata & South 24 Paraganas.
(Cost of Rs. 71 lakh)
Rs. 71 lakh for three financial years commencing with 2012-13 i.e. 2012-13, 2013-14 & 2014-15.
12. Freedom Fighter Maulana Hussain Ahmad  Madani Educational Trust, Deoband, District Saharanpur, Uttar Pradesh. Maintenance of Present activities and strengthening infrastructure for future requirements.
(Cost of Rs. 12.95 crore including a corpus fund of Rs. 3 crore).
Rs. 12.95 crore including a corpus fund of Rs. 3 crore for three financial years commencing with 2012-13 i.e. 2012-13, 2013-14 & 2014-15.
13. Prachina Bharatiya Vidya Sadha Gurukul Ashram, At & Post Amsena, Khariar Road, District Nuapada, Orissa-766 105 Renovation of Ayurvedic Hospital and Gurukul Ashram.
(Cost of Rs. 3.36 crore)
Rs. 3.36 crore for three financial years commencing with 2012-13 i.e. 2012-13, 2013-14 & 2014-15.
14. Manav Kalyan Mandal, 4-Ganga Jamna Sarswati Tower, Uni Road, Rajkot 360 007, Rajkot Gujarat. Old Age Home for 100 person.

(Cost of Rs. 5.68 crore)

Rs. 5.68 crore for three financial years commencing with 2012-13 i.e. 2012-13, 2013-14 & 2014- 15.
15. A Shama Rao foundation, G.H.S Road, Mangalore, D.K. Karnataka 575 001. Expansion & Running of Srinivas institute of medical sciences hospital & Research Centre.

(Cost of Rs. 25.01 crore including a corpus fund of Rs.7.15 crore).

Rs. 25.01 crore including a corpus fund of Rs.7.15 crore for three financial years commencing with 2012-13 i.e. 2012-13, 2013-14 & 2014-15.
16. Prabhakar Patil Education Society, At & Post-Veshvi, Taluka-Alibag, District Raigat-228 627, Maharashtra Prabhakar Patil Education Society’s Education Development Project.

(Cost of Rs. 9.75 crore)

Rs. 9.75 crore for three financial years commencing with 2012-13 i.e. 2012-13, 2013-14 & 2014-15.
17. Bhimrao Charitable Trust, Kalapinagar Last Bus Stop, Asarwa, Ahmedabad-380 016 Expansion of Subham Hospital.

(Cost of Rs. 9.18 crore)

Rs. 9.18 crore for three financial years commencing with 2012-13 i.e. 2012-13, 2013-14 8& 2014-15.

II. This notification shall remain in force for a period of three years in relation to financial years 2012-13, 2013-14 & 2014-15 in respect of projects or schemes mentioned at serial numbers 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15,16 & 17 of the said table.

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