Exemption u/s 35 AC - Approved various institutions as an eligible projects or schemes - S.O.399(E) - Income Tax

Exemption u/s 35 AC - Approved various institutions as an eligible projects or schemes NOTIFICATION NO. S.O.399 ( E ) DATED 6-6-1996 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), the Central Government on the recommendations of the National Committee, hereby approves the institutions specified in column (2) of the Table below and specifies the eligible projects or schemes and the estimated cost thereof as mentioned in column (3) of the Table below and also specifies in column (4) of the said Table, the maximum amount of such cost which may be allowed as deduction under the said section 35AC. TABLE Sl No. Name of the institution Project or scheme estimated cost thereof Maximum amount of cost to be allowed as deduction under section 35AC (1) (2) (3) (4) 1. Gopabandhu Kalashree Club, At/P.O. Dandamukundapur, District Puri, Orissa. Construction of houses at Dandamukundapur, Sahajpur, Orissa; likely to cost ₹ 12.60 lakhs. ₹ 12.60 lakhs 2. Jamnalal Bajaj Foundation, Bajaj Bhavan, 2nd Floor, 226, Nariman Point, J. L. Bajaj Marg, Bombay-400 021. Rural development project at Gola, Palia, Shikohabad, Wardha, likely to cost ₹ 14.57 lakhs. ₹ 14.57 lakhs 3. Project Swarajya, Moti Bhavan, Kesharpur Road, Buxi Bazar, Cuttack-753 011, Orissa. Construction and designing of proto-types, office equipment and training in integrated grated community development of coastal fisher folk at Kendrapara and Jagastsinghpur Distts. of Orissa; likely to cost ₹ 16.75 lakhs. ₹ 16.75 lakhs 4. Gopinath Juba Sangha, At. Alisasana, P.O. Darada, Via-Balipatna, Distt. Khudra, Orissa-2 Construction of low-cost houses and latrines at village Dalabhanapur and Alisisasana, G.Ps. Rajas and Rench, Distt. Puri and Khurda, Orissa; likely to cost ₹ 15.59 lakhs. ₹ 14.07 lakhs 5. Smt. Samarathben Chunilaland Sheth Dosabhai Madhavji Sarvajanik Trust, Crozaria, Distt. Mehsana, Taluk-Vijapur, Gujarat. Construction, furnishing, equipment and running of hospital at Crozaria, Distt. Mehsana, Gujarat; likely to cost ₹ 59.20 lakhs. 7 [ ₹ 1.75 crore ] 6. Shri Pran Nath Mission Jan Kalyan Ashram, Raj Mahal Building, Civil Station Road, Raipur, M. P. Equipment's of Cobalt Unit for Cancer Research Hospital at Sanmiti Nagar, Street No. 4 Near Jain Mandir, Fafadihi, Raipur, likely to cost ₹ 187.90 lakhs plus a corpus fund of ₹ 200.00 lakhs. ₹ 170.00 lakhs plus a corpus fund of ₹ 200 lakhs. 7. Sarvoday Arogya Nidhi, Highway, Radhanpur (Banas Kantha), Gujarat-385 340. Eye Operation, equipment/ instrument for Sarvodya Eye Hospital/Eye Camps at Radhanpur, Gujarat and Rajasthan; likely to cost ₹ 67.00 lakhs. 12 [ ₹ 250 lakh ] 8. Polio Foundation Shah Chimanlal Chhotalal Lokhandwala Charitable Trust Hospital for the Handicapped, Raipur, Chekela, Ahmedabad-1 Equipment and running of Polio Hospital at Ahmedabad, Gujarat; likely to cost ₹ 63.15 lakhs. 11 [ ₹ 13.55 crore ] 9. Kai. Mohan Thuse Netra Rugnalaya, Narayangaon Tal, Junnar, Distt, Pune-410 504. Housing facility for doctors, nurses and essential staff, and instruments, equipment Mohan Thuse Natra Rugnalaya at Narayangaon, Distt. Pune, Maharastra; likely to cost ₹ 79.60 lakhs plus a corpus fund of ₹ 40.00 lakhs. ₹ 79.60 lakhs plus a corpus fund of ₹ 40.00 10. Rural Ladies Welfare Society (RLWS). Vill. Dharampur, P.O. Nikasi, (via) Pindaruch, Distt. Darbhanga, Bihar. Construction of 500 low-cost houses at Dharampur, Nikasi, Malapatti and Behura Village of Distt. Dharbhanga, Bihar; likely to cost ₹ 161.10 lakhs. ₹ 161.10 lakhs 11. Dhardiono Rahat Fund, 102, Kashi Parekd Complex, 29, Adarsh Society, Navrangpura, Ahmedabad-380 009. Medical Relief Project at Ahmedabad; likely to cost ₹ 112.50 lakhs 10 [ ₹ 724.00 lakh ] 12. Lupin Human Welfare and Research Foundation, 159, CST Road, Kalina, Santacruze (East) Bombay - 400 098 Integrated Rural Development Project at 154 villages in Bharatpur, Rajasthan and 20 villages in Raisen, M.P.; likely to cost ₹ 2,901.75 lakhs. ₹ 299.34 lakhs 13. PHD Rural Development Foundation PHD House, Opp. Asian Games Village, New Delhi. Integrated Rural Development Project at 10 Vill. of Tijara and Nimrana Blocks, Alwar, Rajasthan; likely to cost ₹ 25.0 lakhs. ₹ 25.00 lakhs 14. Association for the Welfare of Persons with a Mental Handicap in Maharastra, Turner Morrison House (Basement), 16, Bank Street, Bombay-400 023. Equipment, furnishing and running of clinics for mentally handicapped children at Bombay; likely to cost Rs, 7.57 lakhs. ₹ 3.57 lakhs 15. Indian Institute of Marwari Entrepreneurship (IIME), 1,Mahatma Gandhi Marg, Jhalana Institutional Area, Jaipur-302 004. Land development, construction, furnishing, equipment and running of Indian Institute of Marwari Enterpreneurship at Jaipur, Rajasthan: likely to cost ₹ 933.00 lakhs. ₹ 900.00 lakhs 16. George Educational, Medical and Charitable Society (GEMS), GEMS Foundation, 383, Mount Road, P.O. Box No. 2141, Saidapet, Madras-15. Non-formal education, training programme on writing, welding and handloom at Velacherry Pavement Dweller's Rehabilitation Centre, Dr. Ambedkar Nagar, Madras; likely to cost ₹ 12.25 lakhs. ₹ 12.15 lakhs 17. Action for Welfare and Awakening in Rural Environment (AWARE), 5-9-24/78, Lake Hill Road, Near New M.L.A Quarters, Hyderabad-500 463. Construction, furnishing, equipment, staff quarters of AWARE Hospitals-Institute of Onchology and Cancer Treatment and Research Project at Hyderabad, Andhra Pradesh; likely to cost ₹ 1,630.00 lakhs. ₹ 1,584,88 lakhs 18. Bhadrajun Artisans Trust, N-19, Panchasheel Park, New Delhi-110 017. Construction of school building and teachers' training programme at Village Bali, Distt. Pali, Rajasthan for economically weaker sections; likely to cost ₹ 53.00 lakhs. ₹ 53.00 lakhs 2. This notification shall remain in force for a period of one year in relation to the assessment year 1997-98 in respect of projects mentioned at serial numbers 2 and 14 and for a period of two years in relation to the assessment years 1997-98 and 1998-99 in respect of projects mentioned at serial numbers 10 and 17 and for a period of three years in relation to the assessment years 1997-98, 1998-99 and 1999-2000 in respect of projects mentioned at serial numbers 1, 3, 4, 5, 6, 7, 8, 9, 11, 12, 13, 15, 16 and 18. [No. 10103/F. No. NC-73/96] ********** Notes 1. Substituted vide NOTIFICATION NO. S. O. 324(E) DATED 11-5-1999 before it was read as ₹ 63.15 lakhs 2. Substituted vide Notification No. 136 of 2004, dated 19-04-2004 before it was read as ₹ 137.08 lakhs 3. Substituted vide NOTIFICATION NO. 239/2005, DATED 14-11-2005 before it was read as 2 [ ₹ 157.08 lakhs ] 4. Substituted vide NOTIFICATION NO. 22/2006, DATED 3-2-2006 before it was read as 1 [₹ 71.5 lakhs] 5. Substituted vide Notification No. SO 1317(E) [F. No. NC-274/08/2008] dated 4-6-2008 before it was read as 3 [ ₹ 229.08 lakhs ] 6. Substituted vide NOTIFICATION S.O. 845(E) dated 25-03-2009 before it was read as 4 [ ₹ 151.35 lakhs ] 7. Substituted vide Notification No. 33/2010 dated 17-5-2010 before it was read as ₹ 59.00 lakhs 8. Substituted vide NOTlF1CATlON S.O. 3067(E) dated 30-12-2010 before it was read as 6 [ ₹ 3.00 crore ] 9. Substituted vide NOTIFICATION S.O. 866(E) dated 27-04-2011 before it was read as 5 [ ₹ 324.08 lakh ] 10. Substituted vide Notification no. 09/2015 dated 6-1-2015 before it was read as 9 [ ₹ 454.08 lakh ] 11. Substituted vide NOTIFICATION NO. 32/2015 DATED 6-1-2015 before it was read as 8 [ ₹ 7.55 crore ] 12. Substituted vide NOTIFICATION NO. 20/2014 DATED 31-7-2014 before it was read ₹ 125 lakhs , Earlier Substituted vide NOTIFICATION NO. S.O. 232(E) dated 21-01-2009 before it was read as ₹ 67.00 lakhs