VOCATIONAL TRAINING PROGRAMME, MEDICAL CAMPS AND GOODS & CLOTH DISTRIBUTION BY NAVJEEVAN CHARITABLE TRUST, MUMBAI 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 – Amendment in Notification No. S.O.121(E), dated 12-1-2009

NOTIFICATION NO.11/2011 [F.NO.V-27015/1/2011-SO(NAT.COM)]/S.O. 852(E), DATED 27-4-2011

WHEREAS by Notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 121(E), dated 12th January, 2009, issued under 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 20, Shree Navjeevan. (Vocational Training Programme, Medical camps and goods & cloth distribution) by Navjeevan Charitable Trust, 602, Shastri Hall, 292, J. Dadaji Road, Mumbai – 400007, Maharashtra, as an eligible project or scheme for a period of three years beginning with financial year 2008-09;

AND WHEREAS the said project or scheme is likely to extend beyond three 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 extending the said project or scheme for a further period of three years and enhancing the project cost from Rs. 39.11 crore to Rs. 68.65 crore and also for change of old address to new address i.e., 115, Jolly Bhavan No. 1, 10, New Marine Lines, Mumbai – 400 020.

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 for Shree Navjeevan (Vocational Training Programme, Medical camps and goods & cloth distribution), which is being carried out by Navjeevan Charitable Trust, 602, Shastri Hall, 292, J. Dadaji Road, Mumbai – 400007, Maharashtra, as an eligible project or scheme for a further period of three financial years commencing with the financial year 2011-12 i.e., 2011-12, 2012-13 & 2013-14;

(b)  further amends the said Notification number S.O. 121(E), dated the 12th January, 2009, to the following effect, namely :-

In the said Notification, in the Table against serial number 20, in column (1) relating to the address, trust’s new address i.e., 115, Jolly Bhavan No. 1, 10, New Marine Lines, Mumbai – 400 020 and in column (4) maximum amount of cost to be allowed as deduction under section 35AC of Income-tax Act, 1961, for the letters, figures and word “Rs. 39.11 crore”, the letters, figures and word “Rs. 68.65 crore” shall be substituted.

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