NOTIFICATIONS
INCOME-TAX ACT
NOTIFICATION NO. 40/2010 [F.NO. V-27015/1/2010-SO (NAT.COM)]/S.O. 1141(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 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 5, for Sight for the Sightless & Quality Healthcare by Sadhu Vaswani Mission, 10, Sadhu Vaswani Path, Maharashtra – 411001 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 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 Sight for the Sightless & Quality Healthcare which is being carried out by Sadhu Vaswani Mission, 10, Sadhu Vaswani Path, Maharashtra – 411001, without any change in the approved cost of Rs. 62.82 crore, as an eligible project or scheme for a further period of three years beginning with financial year 2010-11 i.e., 2010-11 2011-12 & 2012-13.
