Explanation to section 35AC of the Income-tax Act, 1961, the Central Government approved various institutions - 134/2002- S.O.606(E) - Income Tax

Explanation to section 35AC of the Income-tax Act, 1961, the Central Government approved various institutions NOTIFICATION No. 134 Dated 7th June, 2002 S.O. 606(E) - 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 mentioned 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 said Table 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, namely:- TABLE Sl. No Name of the institutions Project or scheme and estimated cost thereof Maximum amount of cost to be allowed as deduction under section 35AC (1) (2) (3) (4) 1. Omayal Achi Arunachalam Trust, Coral Manor, A Ground floor, 40-41, Second Main Road, Raja Annamalaipuram, Chen nai-600 028. Running of Omayal Achi Community Health Centre at Arakambakkam 1 [ ₹ 125 lakh including a Corpus Fund of ₹ 113 lakh ] for assessment years 2002-2003, 2003-2004 and 2004-2005, i.e., for three years only. 2. Bhartiya Jain Sanghatana, C/o. Muttha Associates, 1184/4, Fergusson Col lege Road, Dnyaneshwar Paduka Chowk, Pune 411 005. Rehabilitiation of children affected by natural disasters and orphans and destitute children at Wagholi, Near Pune, Maharashtra. ₹ 375 lakhs for assessment years 2002-2003, 2003-2004 and 2004-2005, i.e., for three years only. 3. Janaseva Foundation Indu lal Complex, Above Rupee Co-op. Bank, Navi Peth, L. B. S. Road, Pune-411 030. Construction and running of Destitute Centre at Bhilare wadi, Katraj, Pune. ₹ 118.48 lakhs for assessment years 2002-2003 and 2003-2004, i.e., for two years only . 4. Shree Navkar Sarvar Ken dra, 1st Floor, B-II, Raj hans Society, Ellisbridge, Ahmedabad-380 006. Running of Shree Navkar Sarvar Kendra and purchase of vehicle at Ahmedabad. ₹ 15.00 lakhs for assessment years 2002-2003, 2003-2004 and 2004-2005, i.e., for three years only. 2. This notification shall remain in force for a period of two years in relation to assessment years 2002-2003 and 2003-2004 in respect of project or scheme mentioned at serial number 3 and for a period of three years in relation to assessment years 2002-2003.2003-2004 and 2004-2005 in respect of projects or schemes mentioned at serial number 1,2 and 4 of the said table. Sd/- (G.C. Srivastava) Secretary (National Committee) ********** Notes 1. Substituted vide NOTIFICATION NO. 72/2013 DATED 17-10-2013 . Earlier substituted vide NOTIFICATION No. S.O. 845(E) dated 27/04/2011