Under Section 35AC of Income Tax Act 1961 Notified eligible project or scheme - 253/2003 - Income Tax

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION NO. 253/2003 New Delhi, the 28 th October, 2003 S.O. 1237 (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 for Promotion of Social and Economic Welfare, 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 Serial Number 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. Shri G.J. Fernandez, Chooravilla Joseph Development Foundation, No. 54, Rest House Apartment, Rest House Road, Bangalore - 560001 Construction of school and dispensary buildings, purchase of furniture, equipments and integrated development of the poor and marginalised especially the women and children in Trikkadavoor 3 [ ₹ 1622.76 lakh including a corpus fund of ₹ 560.00 lakh ] for assessment years 2004-2005, 2005-2006 and 2006-2007, i.e., for three years only subject to the condition that loans advanced by the trustee should not be recouped from the donations and that the trust should display in prominent places in its premises the particulars of free/concessional treatment available to beneficiaries. 2. Shri Valmeeki Samaj Seva Sanstha, Kakati, Belgaum (Karnataka) Health Awareness Camp ₹ 110 lakhs for assessment years 2004-2005, 2005-2006 and 2006-2007, i.e., for three years only subject to the conditions that the society should display public notices in prominent places that the benefits provided are free of cost. 3. The Akshayapatra Foundation, Hare Krishna Hill, West of Chord Road, Rajajinagar, Bangalore 560010, Karnataka Mid-day meal program run by the Akshayapatra Foundation 5 [ ₹ 900.00 crore ] for assessment years 2004-2005, 2005-2006 and 2006-2007, i.e., for three years only subject to the condition that the trust should furnish a certificate to the effect that State Government/Central Government grant should be used only for the objects of the trust. 4. Ramanandacharya Sanskrit Vishwavidhyalaya Sthapana Samiti, O-19, Third Floor, Amber Tower, S.C. Road, Jaipur-302001 (Rajasthan) Construction of building (Sanskrit University), guest house, residential quarters, hostels (girls and boys), Vice Chancellor residence, purchase of furniture, library books, printing and publication, development of roads, pavements/footpath, compound wall etc. ₹ 1,445.95 lakhs for assessment years 2004-2005, 2005-2006 and 2006-2007, i.e. for three years only. 5. Dr. Ambedkar Vanvasi Kalyan Trust, Near Choksi Vadi, Opp. Radha Krishna Temple, Rander Road, Surat, Gujarat - 395009 Running of hostel, medical, self-employment projects by Dr. Ambedkar Vanvasi Kalyan Trust, Surat ₹ 272 lakhs (corpus fund) for assessment years 2004-2005, 2005-2006 and 2006-2007, i.e., for three years only subject to the condition that the trust should display public notices in prominent places that the benefits provided are free of cost. 6. Nagpur District Tennis Association, Nagpur, House No. 307, Hennessy Road, Civil Lines, Nagpur - 440001 Construction of building for stadium, purchase of equipments, construction of sports complex, site development, purchase of furniture, purchase of sports material, pre-operative expenses etc. and running of the project ₹ 836.50 lakhs including a corpus fund of ₹ 100 lakhs for assessment years 2004-2005, 2005-2006 and 2006-2007, i.e., for three years only subject to the condition that the association should display public notices in prominent places the particulars of benefits available free of cost. 7. Free Ophthalmic Hospital s Society s K.B. Haji Bachooalli, Charitable Ophthalmic and E.N.T. Hospital, 58/60, Jahangir Mervanji Street, Poiba Wadi Parel, Mumbai-400 012 Diagnostic camps and cataract eye surgeries under community ophthalmology programme ₹ 116 lakhs for assessment years 2004-2005, 2005-2006 and 2006-2007, i.e., for three years only subject to the condition that 100% freeship for 50% of the beneficiaries belonging to the weaker sections of the society are provided and the trust displays in public notices about free treatment available for weaker sections of the society in prominent places. A resolution to this effect may be sent 2. This notification shall remain in force for a period of three years in relation to assessment years 2004-2005, 2005-2006 and 2006-2007 in respect of all projects or schemes mentioned in the notification. [F. No. NC-224/2003] A.J. MAJUMDAR, Secy. (National Committee) ********** Notes 1. Substituted vide NOTIFICATION NO. 164/2006 DATED 5-7-2006 before it was read as ₹ 2263.75 lakhs 2. Substituted vide NOTIFICATION No. S. O. 856(E) dated 25-03-2009 before it was read as 1 [ 100.00 crores ] 3. Substituted vide NOTIFICATION S.O.1261(E) dated 18-05-2009 before it was read as ₹ 605.23 lakhs including a corpus fund of ₹ 320 lakhs 4. Substituted vide Notification No.26/2012 S.O. 481(E) dated 16/03/2012 before it was read as 2 [ ₹ 200.00 crore ] 5. Substituted vide NOTIFICATION NO. 163/2015 DATED 4-6-2015 before it was read as 4 [ ₹ 400.00 crore ]