Section 35AC- Notification No. 66/2016- Income Tax Dated 24.10.2016

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Section 35AC – Eligible projects or schemes – Recommendations of National Committee for Promotion of Social and Economic Welfare

MINISTRY OF FINANCE

(Department of Revenue)

NOTIFICATION No. 66/2016

New Delhi, the 24th October, 2016

S.O. 3286(E).-In exercise of the powers conferred by sub-section (I) read with clause (b) of the Explanation to Section 35 AC of the Income Tax Act, 1961 (43 of 1961), the Central Government, on the recommendation of the National Committee for Promotion of Social and Economic Welfare, under sub-rule (5) of Rule 11M of the Income Tax Rules, 1962 hereby notifies the extension of the projects/schemes for a further period and/or enhanced sanctioned cost for the existing projects/schemes for exemption under section 35 AC of the Income Tax Act, 1961,in respect of the associations and institutions approved by the said National Committee, mentioned in the Table below.

TABLE

Sl. No	Name & address of the Institution	Project or scheme	Notification No. and date and sanctioned cost with validity	Maximum amount of cost and extended period of approval recommended by the Committee
(1)	(2)	(3)	(4)	(5)
1	Shree Gurudev Datta Seva Trust, Sr. No. 206/1, Deshmukh Colony, Tukaidarshan, Fursungi, Tal. – Hveli, District Pune – 412 308, Maharashtra.	Bal Snehalay Prakalp : Home for Street, Dropout/Destitu te Children.	• SO.No.3696(E) dated 18.12.2013 for a period of three financial years till 2015-16 for Rs. 2.72 crore (including a corpus fund of Rs. 1.27 crore)	Till financial year 2016-17 without any change in the approved cost of Rs. 2.72 crore (including a corpus fund of Rs. 1.27 crore).
2	Shree K.K. Shah Sabarkantha Arogya Mandal, Post Vatrak, Tal. Vayad, District Sabarkantha – 383326 (Gujarat).	Maintenance & running of Shri K.K. Shah Sabarkantha Arogya Mandal	S.O.1124(E) dated 29.9.2003 for a period of three financial years till 2006-07 for Rs. 274.92 lakh (including a corpus fund of Rs. 200.00 lakh) S.O 1421(E) dated 04.09.2006 for a period of three financial years till 2008-09; S.O. 843(E) dated 25.03.2009 for a period of three financial years till 2011-12; S.O. 848(E) dated 27.04.2011 amending the project cost to Rs. 461.51 lakh (including a corpus fund of Rs. 250.00 Lakh from 274.92 lakh including a corpus fund of Rs. 250.00 Lakh); S.O. 486(E) dated 16.03.2012 for a period of three financial years till 2014-15;	Till financial year 2016-17 without any change in the approved cost of Rs. 461.51 lakh (including a corpus fund of Rs. 250.00 Lakh). Since the financial year 201516 has already lapsed it would be notified that no exemption shall be available for the said financial year 2015-16.
3	Budha Viklang Vikas Sansthan, Bhalua Road Domuhan, Bodh Gaya, District Gaya Bihar-824 231.	Recurring cost of school for child labours, vocational training for handicapped students, community based rehabilitation for disabled persons and for a corpus fund	• S.O. No.3021 (E) dated 23.12.2010 for a period of three financial years till 2012-13 for Rs. 4.66 crore (including corpus fund of Rs. 50.00 lakh); • S.O. No. 3866(E) dated 27.12.2013 for a period of three financial years till 2015-16.	Till financial year 2016-17 without any change in the approved cost of Rs. 4.66 crore (including corpus fund of Rs. 50 lakh).
4	Manav Kalyan Mandal, 4-Ganga Jamna Sarswati Tower, Uni Road, Rajkot 360 007, Gujarat.	Old Age Home for 100 persons.	S.O. No. 1030(E) dated 7.5.2012 for a period of three financial year till 2014-15 for Rs. 5.68 crore; S.O. No. 1587(E) dated 15.6.2015 for a period of threefinancial year till 2017-18.	Till financial year 2016-17 with enhancement in project cost from Rs. 5.68 crore to Rs. 8.43 crore.
5	Population & Social Development, 10, Kabi Jassmuddin Path, City Centre, Durgapur 713216, West Bengal.	Livelihoods enhancement of Hardcore Rural & Poor people.	S.O 2349(E) dated 28.9.2010 for a period of three financial years till 2012-13 for Rs. 1.08 crore; S.O. No. 483(E) dated 16.3.2012 the project cost was enhance to Rs. 20.58 crore (including a corpus fund ofRs. 9.00 crore); S.O. No. 3052(E) dated 10.11.2015 for a further period of three financial year till 2015-16.	Till financial year 2016-17 without any change in the approved cost of Rs. 20.58 crore (including a corpus fund of Rs. 9.00 crore).
6	Veerayatan, At & Post Veerayatan, Rajgir, Pawapuri District Nalanda, Bihar-803 116.	Construction and maintenance of a Health Centre specially for women and children below 12 years of age named “Veerayatan Health Centre.	• S.O. No.3021(E) dated 23.12.2010 for a period of three financial years 2012-13 for Rs. 404.81 lakh.; • S.O. No.3832(E) dated 27.12.2013 for a period of three financial years 201516.	Till financial year 2016-17 without any change in the approved cost of Rs. 404.81 lakh.
7	Development Initiative for Self-Help and Awakening (DISHA). C/o. Samaj Seva Kendra, Sr. No. 4272, Behind Akurdi Post Office, Akurdi, Pune-411035.	Poverty alleviation through capacity building, market support and micro-credit programme for economically weaker section of the society.	S.O. No. 466(E) dated 29.03.2007 for a period of three financial years till 2009-10 forRs. 1.63 crore. S.O. No.2523(E) dated 11.10.2010 for a period of three financial years till 2012-13; S.O. No.3844(E) dated 27.12.2013 for a period of three financial years till 2015-16 S.O. No. 1519(E) dated 26.4.2016 for a period of three financial years till 2018-19.	Till financial year 2016-17 with enhancement in project cost from Rs. 1.63 crore to Rs. 4.80 crore.
8	Eye Bank Coordination and Research Centre, 55/60, Jehangir Merwanji Street, Near KEM Hospital, Parel, Mumbai 400 012.	Eye Hope.	S.O. 422(E) dated 19.05.98 for a period of three financial years till 2000-01 forRs. 184.79 lakh (including a corpus fund of Rs. 112.50 lakh).; S.O.1216(E) dated 12.12.2001 for a period of three financial years till 2003-04; S.O. 394(E) dated 23.03.2005 for a period of three financial years till 2006-07; S.O.2386(E) dated 3.10.2008 for a period of three financial years till 2009-10; S.O. No. 1152(E) dated 17.05.2010 for a period of three financial years till 2012-13; S.O. No. 3854(E) dated 27.12.2013 for a period of three financial years till 2015-16.	Till financial year 2016-17 without any change in the approved cost of Rs. 184.79 lakh (including a corpus fund of Rs. 112.50 lakh).
9	Ramji Assar Vidyalaya Wadi Trust, Mahatma Gandhi Road, Ghatkopar (East), Mumbai – 400 077, Maharashtra.	Ramji Assar Vidyalaya Wadi Trust – Reconstruction Project.	• S.O. No.3033(E) dated 7.10.2013 for a period of three financial years till 2015-16 for Rs. 20.00 crore.	Till financial year 2016-17 without any change in the approved cost of Rs. 20.00 crore.
10	Shri Rajiv Gandhi Shaikshanik Bahuddeshiya Vikas Charitable Trust, 4601, Gatade Plot, PostPandharpur, District Solapur. Maharashtra.	‘Rugnaseva’- Free Medical Treatment for Rural People.	• S.O. No. 1052 (E) dated 11.05.2010 for a period of three financial years 2012-13 for Rs. 1.55 crore.; • S.O. 3122(E) dated 17.10.2013 for a period of three financial years till 2015-16;	Till financial year 2016-17 with enhancement in the project cost from Rs. 1.55 crore to Rs. 6.05 crore
11	Piramal Swasthya Management and Research Institute 3rd Floor, G.K. Clasics, #8-3-990 Plot No. 120, Srinagar Colony Hyderabad – 500 073, Andhra Pradesh.	i) Burhani Telemedicine Centre ii) Assam – Health Information Help Line iii) Assam – Village Health Outreach Programme iv) Maharashtra – Health Advisory Call Centre v) Rajasthan – 104 Toll Free Medical Advice Call Centre	• S.O. No. 3033(E) dated 7.10.2013 for a period of three financial year till 2015-16 for Rs. 177.34 crore.	Till financial year 2016-17 without any change in the approved cost of Rs. 177.34 crore and with change of name and address of the Project from ‘Health Management and Research Institute’ to ‘Piramal Swasthya Management and Research Institute’.
		vi) Mac Arthur & Aasra Project – Telemedicine Araku Valley.
12	Bhil Seva Mandal Dahod, Thakkar Bapa Road, Dahod 389151, Gujarat	Resource management training and agricultural support, organic farming, development of medicinal and fodder plants for tribal farmers, provision for drinking water, irrigations wells and check dams for tribal villages, protection walls for tribal hostels, educational aids for tribal children.	S.O.1649(E) dated 12.7.2010 for a period of three financial years till 2012-13 for Rs. 9.11 crore (including a corpus fund of Rs. 1.00 crore).; S.O.98(E) dated 6.1.2015 for a period of three financial years till 2015-16.	Till financial year 2016-17 without any change in the approved cost of Rs. 9.11 crore (including a corpus fund of Rs. 1.00 crore).
13	Prayas Social Welfare Society, D.C. Model Sr. Sec. School, Sector –09, Faridabad-121006.	Free Education Programme for All Children Especially for EWS.	S.O No. 2545(E) dated 6.10.2009 for a period of two financial years till 2010-11 for Rs. 3.11 crore; S.O. No. 1378(E) dated 14.06.2011 for a period of three financial years till 2013-14; S.O. No. 3831(E) dated 27.12.2013 for a period of three financial years till 2016-17 alongwith enhancement in the project cost from Rs. 3.11 crore to Rs. 7.77 crore.	Till financial year 2016- 17 with enhancement in project cost from Rs. 7.77 crore to Rs. 15.56 crore .
14	Solapur Zilla Magas Samaj Seva Va Sanshodhan Sanstha, 15-A, Jawahar Housing Society, Civil Lines, Solapur-413 003.	‘Uplift Downtroddents’ providing health, food & Education to Nomadic Tribal.	S.O. No.3021(E) dated 23.12.2010 for a period of three financial years till2012-13 forRs 583.63 lakh (including corpus fund of Rs. 1.00 crore); S.O. No.3869(E) dated 27.12.2013 for a period of three financial years till2015-16.	Till financial year 2016-17 without any change in the approved cost of Rs. 583.63 lakh (including corpus fund of Rs. 1.00 crore).
15	Vedanta Foundation, Opposite Niranjan Building, Corner of ‘E’ Road, Marine Drive, Mumbai-400 002	Vedanta Super- 30 Education And Nand Ghar Project	S.O.627(E) dated 12.03.2013 for a period of three financial years till 2014-15 for Rs. 942.26 lakh. S.O.1472(E) dated 4.6.2015 for a period of three financial years till 2017-18.	Till financial year 2016-17 without any change in the approved cost of Rs. 942.26 lakh. Approved renaming of the title of project Vedanta Super-30 as “Vedanta Super-30 Education And Nand Ghar Project”.
16	Vedanta Foundation, Opposite Niranjan Building, Corner of ‘E’ Road, Marine Drive, Mumbai – 400 002	Vedanta Education And Research Project	• S.O. 1872(E) dated 21.7.2014 for a period of three financial years till 2016-17 for Rs. 2526.74 lakh.	Approved widening the scope of activities under the project with Amended Title of Project as “Vedanta Education And Research Project” and to raise Rs. 500.00 lakhs as Corpus fund within the approved Project Cost of Rs. 2526.74 lakh.
17	AADARANA (The Aadarana Home for Orphaned and Needy Students), H.No.16-2-738/4/5/12, SBH Bank Colony, Asmangad (Near), TV Tower, Malakpet, Hyderabad – 500036, Telangana.	Aadarana Home for Orphaned and Needy Students.	• S.O. No. 2366(E) dated 4.10.2012 for a period of three financial years till 2014-15 for Rs. 2.66 crore..	Till financial year 2016-17 without any change in the approved cost of rs. 2.66 crore. Since the financial year 201516 has already lapsed it would be notified that no exemption shall be available for the said financial year 2015-16.
18	Wockhardt Foundation Wockhardt Towers Bandra Kurla Complex Bandra (East) Mumbai – 400051.	Mobile 1000	• S.O. No. 3696 (E) dated 18.12.2013 for a period of three financial years till 2015-16 for Rs. 58.50 crore.	Till financial year 2016-17 without any change in the approved cost of Rs. 58.50 crore.
19	Solapur Zilla Magas Samaj Seva Va Sanshodhan Sanstha, 15-A, Jawahar Housing Society, Civil Lines, Solapur 413 003.	i) S.S. Sayyaji Maharaj Bagade Prathmik Ashram Shala; ii) Savitribai Khadtare Junior College; iii) Boys’s Hostel; iv) Girl’s Hostel.	S.O. No.1649 (E) dated 12.07.2010 for a period of three financial years till2012-13 forRs 463.71 lakh; S.O. No.3876 (E) dated 27.12.2013 for a period of three financial years till2015-16.	Till financial year 2016-17 without any change in the approved cost of Rs. 463.71 lakh.
20	Snehalaya (Social Trust) At Post Karamba, Taluka North Sholapur, District Sholapur-413222 , Maharashtra.	Expansion of Snehalaya Dnyanmandir (School) and Hostel.	S.O.466(E) dated 29.03.2007 for a period of three financial years till 2009-10 for Rs. 1.36 crore; S.O. 850(E) dated 25.03.2009 enhancing the project cost to Rs. 8.77 crore; S.O. 1143(E) dated 17.05.2010 for a period of three financial years till 2012-13; S.O. 3163(E) dated 17.10.2013 for a period of three financial years till 2015-16 alongwith enhancement of project cost to Rs. 11.77 crore.	Till financial year 2016-17 with enhancement in the approved project cost from Rs. 11.77 crore to Rs. 16.77 crore
21	Lions Comprehensive Eye Care Foundation, Miraj, Plot No. P-31, M.I.D.C., Miraj –416410, District Sangli (Maharashtra)	Construction of building for expansion of hospital, purchase of equipments, vehicle, furnishing and running of eye hospital.	• S.O. No.422(E) dated 19.5.1998 for a period of three financial years till 2000-01 for Rs. 2.97 crore S.O.No. 1212(E) dated 12.12.2001 for a period of three financial years till 2003-04, SO.No. 712(E) dated 25.05.2005 for a period of three financial years till 2006-07, S.O 1150(E) dated 16.07.2007 for a period of three financial years till 2009-10, S.O. No.2522(E) dated 11.10.2010 for a period of three financial years till 2012-13. S.O. No. 3852(E) dated 27.12.2013 for a period of three financial years till 2015-16.	Till financial year 2016-17 without any change in the approved cost of Rs. 2.97 crore.

II. This notification shall remain in force for the period of and in relation to financial year in respect of the projects or schemes mentioned above against the respective institutions/projects.

III. The exemption u/s 35AC will not apply to the funds received under Schedule VII of the Section 135 of the Companies Act and Companies (CSR) Rules, 2014.

[ F.No.V.27015/5/2016-SO (NAT.COM)]

S. R. SHARMA, Director (National Committee)