U/s. 35AC, IT ACT, 1961 - Eligible Projects Or Schemes, Expenditure On – Mata Amritanandamayi Math, Kerala - 73/2015 - Income Tax

NOTIFICATION NO. 73/2015 New Delhi, the 11 th February, 2015 S.O. 443(E).- Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 4396(E) dated 12th November, 2008, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial number 2, Farmers Rehabilitation Project (providing education to 1,00,000 farmers children and assistance to 5000 self help groups of women and counseling and medical help) by Mata Amritanandamayi Math, Amritapuri PO, Kollam District, Kerala- 6900525 , as an eligible project or scheme for a period of three years beginning with financial year 2008-09 and which was further extended vide notification number S.O. 1868(E) dated 11.8.2011 for a period of three years ending with financial year 2013-14; And whereas the said project or scheme is likely to extend beyond six 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 extending the said project or scheme for a further period of three years; 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), hereby notifies the scheme or project Farmers Rehabilitation Project (providing education to 1,00,000 farmers children and assistance to 5000 self help groups of women and counseling and medical help) , which is being carried out by Mata Amritanandamayi Math, Amritapuri PO, Kollam District, Kerala- 6900525 , without any change in the approved cost of ₹ 40.00 crore, as an eligible project or scheme for a further period of three financial years commencing with the financial year 2014-15, i.e., 2014-15, 2015-16 and 2016-17. [F. No. V. 27015/4/2014-SO (NAT.COM)] MAKKHAN LAL MEENA, Dy. Secy. (National Committee)