Notification No. 109/2005, Dated 23-3-2005
Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.469(E) dated the 2nd July, 1996, issued under sub-section (1) read with clause (b) of the Explanation to section 35 AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 4, for Mid-day Meal Scheme in three schools of Bangalore, by Maria Seva Sangha, Villa Maria, No. 12 Rest House road, Bangalore-560001, as an eligible project or scheme for a period of three years beginning with assessment year 1997-1998 which was extended further vide notification number S.O.317(E) dated the 11th May, 1999 for a period of two years beginning with assessment year 2000-2001 which was extended further vide notification number S.O.552(E) dated the 20th June, 2001 for a period of two years beginning with assessment year 2002-2003 which was extended further vide notification number S.O.688(E) dated the 13th June, 2003 for a period of one year beginning with assessment year 2004-2005;
And whereas by notification number S.O.260(E) dated 29th March, 1997, the estimated cost was enhanced from Rs.2.30 lakhs to Rs. 15.00 lakhs and which was amended further vide notification number S.O.1371(E) dated the 27th November, 2003, the estimated cost was enhanced from Rs. 15.00 lakhs to Rs.30.00 lakhs;
And whereas, the said project or scheme is likely to extend beyond eight 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 two 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 Mid-day Meal Scheme in three schools of Bangalore, which is being carried out by Maria Seva Sangha, Villa Maria, No. 12 Rest House road, Bangalore-560001, without any change in the approved cost i.e. Rs.30.00 lakhs, as an eligible project or scheme for a further period of two years commencing from the financial year 2004-2005.
[F.NO.NC-270/01/2005]
