NOTIFICATION NO. 247/2005, DATED 14-11-2005

S.O.1609(E).—Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 739(E), dated the 10th September, 1999, 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 7, for Provision of artificial limbs and other rehabilitation aids to amputees, polio-affected disabled persons, hard of hearing, medicines and special shoes to persons suffering from leprosy, various types of financial aids and other support for self-employment and rehabilitation of handicapped persons at Jaipur, Rajasthan by Bhagwan Mahaveer Viklang Sahayata Samiti, Sawai Man Singh Hospital camps, Jaipur-302004, Rajasthan as an eligible project or scheme for a period of three years beginning with assessment year 2000-01 and which was extended further vide notification number S.O. 66(E), dated the 22nd January, 2003 for a period, of three years beginning with assessment year 2003-04;

And whereas the said project or scheme is likely to extend beyond six 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 and amending the project cost from Rs. 350 lakhs to Rs. 650 lakhs;

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)–

(a)   hereby specifies the scheme or project for Provision of artificial limbs and other rehabilitation aids to amputees, polio-affected disabled persons, hard of hearing, medicines and special shoes to persons suffering from leprosy, various types of financial aids and other support for self-employment and rehabilitation of handicapped persons at Jaipur, Rajasthan, which is being carried out by Bhagwan Mahaveer Viklang Sahayata Samiti, Sawai Man Singh Hospital Camps, Jaipur-302004, Rajasthan as an eligible project or scheme for a further period of three years commencing from the financial year 2005-06; and

(b)   further amends the said notification number S.O. 739(E), dated the 10th September, 1999 to the following effect, namely :–

In the said notification, in the Table against serial number 7, in column (4), relating to ‘maximum amount of cost to be allowed as deduction under section 35AC’, for the letters, figures and word “Rs. 350 lakhs” the letters, figures and word “Rs. 650 lakhs” shall be substituted

[F. No. NC-270/269/2005]

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