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Notification u/s 35AC - Notifies the scheme or project for "running of Health Camps at rural areas of all Districts of Tamil Nadu", which is being carried out by "Singhvi Charitable Trust, 11, Ponnappa Lane, Triplicane, Chennai, Tamilnadu - 600 005" - 36/2013 - S.O. 3154(E) - Income TaxExtract NOTIFICATION NO. 36/2013 DATED 17-10-2013 S.O. 3154(E) - Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue), number S.O. 206(E), dated the 17th March, 1997, 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 9, for running of Health Camps at rural areas of all Districts of Tamil Nadu by Singhvi Charitable Trust, 11, Ponnappa Lane, Triplicane, Chennai, Tamilnadu - 600 005, as an eligible project or scheme at the estimated cost of Rs. 147 lakh, for a period of three years beginning with assessment year 1997-98, which was extended further vide notification number S.O. 321(E), dated the 11th May, 1999 for a period of three years beginning with assessment year 2000-01, which was extended further vide notification number S.O. 613(E), dated the 7th June, 2002 for a period of three years beginning with assessment year 2003-04, which was extended further vide notification number S.O. 137(E), dated the 3rd February, 2006 for a period of three years beginning with financial year 2005-06, which was extended further vide notification number S.O. 477(E), dated 29th March, 2007 for a period of three years beginning with financial year 2007-08; and which was further extended vide notification number S.O. 654(E), dated 22-3-2010 for a period of three years ending financial year 2012-13. And whereas vide notification number S.O. 321(E), dated the 11th May, 1999 the estimated cost was enhanced from Rs. 147 lakhs to Rs. 201 lakhs; and vide notification number S.O. 477(E), dated 29th March, 2007 the estimated cost was enhanced from 201 lakhs to Rs. 286 lakhs; and vide notification number S.O. 654(E), dated 22nd March, 2010 the estimated cost was enhanced from Rs. 286 lakh to Rs. 377.66 lakh; And whereas the said project or scheme is likely to extend beyond eighteen 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 with an enhancement in the project cost; 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 notifies the scheme or project for "running of Health Camps at rural areas of all Districts of Tamil Nadu", which is being carried out by "Singhvi Charitable Trust, 11, Ponnappa Lane, Triplicane, Chennai, Tamilnadu - 600 005" as an eligible project or scheme for a further period of three years commencing from the financial year 2013-14, i.e., 2013-14, 2014-15 2015-16. (b) further amends the said notification number S.O. 654(E), dated 22nd March, 2010 , to the following effect, namely :- In the said notification, in the Table against serial number 9, in column (4), relating to maximum amount of cost to be allowed as deduction under section 35AC , for the letters, figures and words "Rs. 377.66 lakh", the letters, figures and words "Rs. 722.64 lakh" shall be substituted. [F.NO.V-27015/2/2013-SO (NAT.COM)]
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