RUNNING OF SMT. SAVITABEN RAMANLAL DAHYALAL SHAH, SARVAJANIK HOSPITAL, GUIARAT BY SMT. SAVITABEN RAMANLAL DAHYALAL SHAH, GUJARAT NOTIFIED AS AN ELIGIBLE SCHEME OR PROJECT UNDER SECTION 35AC

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

NOTIFICATION NO. 28/2011 [F.NO.V-27015/1/2011-SO(NAT.COM)]/S.O.869(E), DATED 27-4-2011

WHEREAS by Notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 1084(E), dated the 11th October, 2002, 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 notified at serial number 3, Running of Smt. Savitaben Ramanlal Dahyalal Shah, Sarvajanik Hospital, Ambasan, District Mehsana Guiarat” by Smt. Savitaben Ramanlal Dahyalal Shah, Sarvajanik Hospital & Prashutigruh Trust AT & PO Ambasan. Ta & District Mehsana – 384 435, Gujarat, as an eligible project or scheme for a period of three years beginning with assessment year 2003-04; which was extended further vide Notification number S.O. 1010(E), dated the 5th July, 2006 for a period for of two years beginning with financial year 2006-07 and which was extended further vide Notification number S.O. 1472(E), dated the 17th June, 2008 for a period of three years beginning with financial year 2008-09;

AND WHEREAS the said project or scheme is likely to extend beyond eight years;

AND WHEREAS, the National Committee for the 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 “Running of Smt. Savitaben Ramanlal Dahyalal Shah, Sarvajanik Hospital, Ambasan, District Mehsana, Gujarat” which is being carried out by Smt. Savitaben Ramanlal Dahyalal Shah, Sarvajanik Hospital & Prashutigruh Trust, AT & PO Ambasan, Ta & District Mehsana-384435, Gujarat, without any change in the approved cost of Rs. 63.75 lakh including a corpus fund of Rs. 28.00 lakh, as an eligible project or scheme for a further period of three years commencing with the financial year 2011-12, i.e. 2011-12, 2012-13 & 2013-14.

More Under Income Tax

Posted Under

Category : Income Tax (26782)
Type : Notifications (15668) Notifications/Circulars (31402)

Leave a Reply

Your email address will not be published. Required fields are marked *