U/s. 35AC, IT ACT, 1961 - Eligible Projects Or Schemes, Expenditure On – Voice of the World, Kolkata - 108/2011 - Income Tax

NOTIFICATION NO. 108/2011 New Delhi, the 18 th October, 2011 S.O. 2402(E) .-Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O.458(E) dated the 30 th March, 2006, issued under 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 had notified at serial number 3, Higher education for handicapped especially visually handicapped by Voice of the World, Chidma-Mudi Lane, Kolkata 700006, as an eligible project or scheme for a period of three years beginning with financial year 2005-2006 and which was extended further vide notification number S.O.2398(E) dated 3 rd October, 2008 for a further period of three years beginning with the financial year 2008-09; 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 Higher education for handicapped especially visually handicapped being carried out by Voice of the World, Chidma Mudi Lane, Kolkata 700006, without any change in the approved cost of ₹ 64.28 lakh, as an eligible project or scheme for a further period of three years commencing with financial year 2011-12 i.e 2011-12, 2012-13 2013-14. [F. No. V-27015/4/2011 SO (NAT.COM)] NAVEEN CHANDRA, Director (National Committee)