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NOTIFICATIONS

INCOME-TAX ACT

Section 35AC(1), read with Explanation (b) thereto, of the Income-tax Act, 1961 – Eligible projects or schemes, expenditure on – Notified eligible projects or schemes

NOTIFICATION NO.37/2010 [F.NO. V-27015/1/2010-SO (NAT.COM)]/S.O. 1138(E), DATED 17-5-2010

WHEREAS by notification of the Government of India in the Ministry of Finance (Department of Revenue), number S.O. 466(E), dated 29th March, 2007, 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 29, “1. SAMPARC Rural Hospital, 2. Sponsorship assistance for the care of orphan children, 3. Raising corpus fund for making the organization self-sustained to run children programmes and community development activities, 4. Educational support to the poor, needy, rural and destitute children for feeding, maintenance, education, health and overall care, 5. Renovation and construction of the 2 more floors of 1600 sq.ft area each to accommodate 50 orphans and children of sex worker, 6. Construction of the four classrooms for poor students of 24 villages of Bhambarde school”, by SAMPARC (Social Action for Manpower Creation), Village Bhaje, Railway Station Malavli, Taluka Maval, District – Pune, Maharashtra – 410405, as an eligible project or scheme for a period of three years beginning with financial year 2007-08;

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 “1. SAMPARC Rural Hospital, 2. Sponsorship assistance for the care of orphan children, 3. Raising corpus fund for making the organization self-sustained to run children programmes and community development activities, 4. Educational support to the poor, needy, rural and destitute children for feeding, maintenance, education, health and overall care, 5. Renovation and construction of the 2 more floors of 1600 sq.ft area each to accommodate 50 orphans and children of sex worker, 6. Construction of the four classrooms for poor students of 24 villages of Bhambarde school” which is being carried out by SAMPARC (Social Action for Manpower Creation), Village Bhaje, Railway Station Malavli, Taluka Maval, District – Pune, Maharashtra -410405, without any change in the approved cost of Rs. 7.78 crore, as an eligible project or scheme for a further period of three years commencing with the financial year 2010-11 i.e., 2010-11, 2011-12 and 2012-13.

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