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. 14/2009 [F. NO. V-27015/5/2009-SO (NAT.COM)]/ S.O. 647(E), DATED 22-3-2010

WHEREAS by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 1404(E), dated the 4th September, 2006, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial number 14 “Reconstruction of 100 bed hospital for leprosy patients” by Shram Mandir Trust, Sindhrot, Taluka-Baroda, Gujarat – 391 330, as an eligible project or scheme for a period of three years beginning with financial year 2006-07;

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 extending 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 notifies the scheme or project “Reconstruction of 100 bed hospital for leprosy patients” by Shram Mandir Trust, Sindhrot, Taluka-Baroda, Gujarat – 391 330, without any change in the approved cost of Rs. 1.50 crore, as an eligible project or scheme for a further period of three years beginning with financial year 2009-10 i.e., 2009-10, 2010-11 and 2011-12.

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