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U/s. 35AC, IT ACT, 1961 - Eligible Projects or Schemes, Expenditure On – Khail Shanker Durlabhji Avedna Ashram Trust, Jaipur - S. O. 395(E) - Income TaxExtract MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION No. 10359 New Delhi, the 19th May, 1997 S. O. 395(E). -Whereas by notification number S O. 20(E) dated the 6th January, 1995 issued under clause (b) of Explanation to section 35 AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified the scheme of Khail Shanker Durlabhji Avedna Ashram Trust, Bhawam Singh Marg, Jaipur-302015, Rajasthan for construction, furnishing and running of 100 bedded Khail Shanker Durlabji Avenda Ashram for providing free care to the terminally ill patients and a day care centre for elderly persons as an eligible project or scheme for a period of three years commencing from the assessment year 1995-96. And whereas the said project or scheme is likely to extend beyond three years; And whereas the National Committee 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 clause (b) of Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961) hereby specifies the scheme of Khail Shankaer Durlabhji Avedna Ashram Trust, Bhawani Singh Marg, Jaipur-302015, Rajasthan for construction, furnishing and running of 100 bedded Khail Shanker Durlabhji Avedna Ashram for providing free care to the terminally ill patients and a day care centre for elderly persons at the estimated cost of five hundred fifty lakh only as an eligible project or scheme for a further period of three assessment years commencing from assessment year 1998-99 i.e, 1998-99, 1999-2000 and 2000-2001. [E. No. NC-62/97] V. K. SEHGAL, Dy. Secy.
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