U/s. 35AC, IT ACT, 1961 - Eligible Projects or Schemes, Expenditure On – Poona District Leprosy Committee, Pune - Maharashtra - S.O. 397(E) - Income Tax

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION No. 10361 New Delhi, the 19th May, 1997 S.O. 397(E). - Whereas by notification number S,O. 471(E) dated the 26th May, 1995 issued under clause (b) of Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified the scheme of Poona District Leprosy Committee, 35, Manisha, 2 nd Floor, 2A, Moledina Road, Pune-411001, Maharashtra for (a) Expansion and running of Engineering Unit at Kondhawa and Bhosari; (b) Pune Urban Leprosy Investigation Centre and Solapur Comprehensive Leprosy Project; (c) Ghagar Gaon Agro-forestry, Ghagar Gaon; and (d) Establishment and running of Engineering Rehabilitation Centre, Ahmednagar, Maharashtra as an eligible project or scheme for a period of two years commencing from the assessment year 1996-97; And whereas the said project or scheme is likely to extend beyond two years; And whereas the National Committee 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 specifying the said project or scheme for a further period of three years; Now, therefore, the Central Government in exercise of the powers conferred by clause (b) of Explanation to section 35 AC of the Income-tax Act, 1961 (43 of 1961) hereby specifies the scheme of Poona District Leprosy Committee, 35, Manisha, 2nd Floor, 2A, Moledina Road, Pune-411001, Maharashtra for (a) Expansion and running of Engineering Unit at Kondhwa and Bhosari; (b) Pune Urban Leprosy Investigation Centre and Solapur Comprehensive Leprosy Project; (c) Ghagar Gaon Agro-forestry, Ghagar Gaon; and (d) Establishment and running of Engineering Rehabilitation Centre, Ahmednagar, Maharashtra at the estimated cost of rupees three hundred seventy one lakh and sixty seven thousand only as an eligible project or scheme for a further period of three assessment years commencing from assessment year 1998-99 i.e. 1998-99, 1999-2000 and 2000-2001. [F. No. NC-62/97] V. K. SEHGAL, Dy. Secy.