Notification No. 83/2005, Dated 23-3-2005
Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 713(E) dated the 8th August, 1995, 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 8, for The Poona Blind Men’s Association 50 bed eye hospital at Mohammedwadi, Off Hadapsar, Taluk Haveli, District Pune, Maharashtra, by The Poona Blind Men’s Association, 82, Rasta Peth, Pune-411011, Maharashtra, as an eligible project or scheme for a period of three years beginning with assessment year 1996-1997 which was extended further vide notification number S.O. 836(E) dated the 18th September, 1999 for a period of three years beginning with assessment year 1999-2001 and which was extended further vide notification number S.O. 983(E) dated the 10th September, 2002 for a period of three years beginning with assessment year 2002-2003;
And whereas the said project or scheme is likely to extend beyond nine 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 subsection (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 The Poona Blind Men’s Association 50 bed eye hospital at Mohammedwadi, Off Hadapsar, Taluk Haveli, District Pune, Maharashtra which is being carried out by The Poona Blind Men’s Association, 82, Rasta Peth, Pune-411011, Maharashtra, without any change in the approved cost i.e. Rs.668.70 lakhs, as an eligible project or scheme for a further period of three years commencing from the financial year 2004-2005.
[F.No. NC-270/01/2005]
