U/s 35AC - Notifies the various institutions Approved by the National Committee - S.O. 54 (E) - Income Tax

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION NO. 10508 New Delhi, the 16 th January, 1998 S.O. 54 (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 specified 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 the column (4) of the said Table, the maximum amount of such cost which may be allowed as a deduction under the said section 35AC . TABLE Sl No. Name of the institutions Project or scheme estimated cost thereof Maximum amount of cost to be allowed as deduction under section 35AC (1) (2) (3) (4) 1. Gramshree Trust, 35, Sawmi Gunatit Nagar, Memnagar, Ahmedabad. Setting up of Balmandir and to provide free uniforms, note books and books to the poor and needy high school students at Ahmedabad, Gujarat; likely to cost ₹ 10.91 lakhs. ₹ 10.91 lakhs. 2. Vivekananda Vidyapeeth, Ramakrishna Paramhansa Nagar,Kota, Raipur, Madhya Pradesh. Land development construction of school and college buildings with all facilities and furnishing of Vivekanada model residential school at Kota, Raipur, Madhya Pradesh; likely to cost ₹ 370.38 lakhs. ₹ 63.00 lakhs. 3. Tribal Entrepreneurs Association, Nabarbari, Dr. Epao Cottage, Dimapur, Dhansiri River Bank Protection Project at Naharbari, Dimapur, Nagaland ; likely to cost ₹ 197.96 lakhs. ₹ 100.00 lakhs. 4. Sankat Nivaran Society, Gujarat, C/oGujarat Chamber of Commerce and Industries, Ashram Road, Ahmedabad. Relief work/welfare activities for people affected by natural calamities all over India; likely to cost ₹ 200.00 lakhs as corpus fund. ₹ 200 lakhs as corpus fund. 5. Blind Persons' Association, 10/2,Shamsul Huda Road,Calcutta. Construction of buildings for Braille Press, library, blind school, auditorium, dormitory, purchase of Braille press and running of Braille Press Complex at Vidyapalli, Malanda, Mahinagar, South-24 Parganas ; likely to cost ₹ 201.50 lakhs. ₹ 187.50 lakhs. 6. Bhartiya Jain Sangathana, C/o Muttha Associates, 1184/4, Fergusson College Road, Dnyanshwar, Paduka Chowk, Pune. Rehabilitation of children affected by natural disaster and orphans and destitute children at Wagholi, near Pune, Maharashtra ; likely to cost ₹ 172.51 lakhs. ₹ 172.51 lakhs. 7. Hindu Mission Hospital, 36, G.S.T. Road, Tambaram West, Chennai. Project Annalakshmi to provide free food to hospitalised poor patients at Hindu Mission Hospital, Chennai, Tamil Nadu. 1 [ ₹ 100.00 lakhs as cropus fund ] 8. Mascotte Development Society of Dimapur, Chumukedima village, Block No.4, Dimapur, Nagaland. Social forestry project at Chumukedima-Tenyiphe villages, Nagaland ; likely to cost ₹ 35.29 lakhs. ₹ 15.00 lakhs. 9. Bangalore Golf Club, No. 2, Sankey Road, High Grounds,Bangalore. Common effluent treatment plant at Bangalore, Karnataka; likely to cost ₹ 370.00 lakhs. ₹ 320.00 lakhs. 10. Dakshin Gholepukuria SonaliSangha-O-Pathagar, Post-Gholepukuria, Distt. Midnapore, West Bengal. Installation of 36 India Mark-II hand pumps in Block Nandigram-II, District-Midnapore, West Bengal ; likely to cost ₹ 15.11 lakhs. ₹ 14.90 lakhs. 11. Lalbhai Group Rural Development Fund, Anandji Kalyanji Block, Near Ashrva Railway Station,Naroda Road, Ahmedabad. Integrated development programme in nine districts, viz., Jamnagar, Sabarkantha, Kheda, Banaskantha, Rajkot, Panchmahal, Anand, Dahod and Porbandar of Gujarat ; likely to cost ₹ 92.36 lakhs. ₹ 92.00 lakhs. 12. U.V. Patel Foundation, 1215/2,Shirole Road, Shivajinagar, Pune. Scheme for award of education scholarships and grants in Gujarat and Maharashtra States; likely to cost ₹ 500.00 lakhs. ₹ 288.00 lakhs as corpus fund. 13. Anuvrat Gram Bharti Sansthan, Vinaypuram, P.O. Chankshed, Tehsil- Mandal, Distt. Bhilwara, Rajasthan. 7 [ Rural development project-construction of buildings for primary school, women and child welfare centre, staff quarters, guest house, laboratory and library hall, kitchen and dining hall, meditation hall, administrative block, construction of three more class rooms, one seminar hall, two buses for students, one bus for staff, ten computers, and other furniture at Vinaypuram, District Bhilwara, Rajasthan ] ; likely to cost ₹ 79.59 lakhs. 6 [ ₹ 140 lakh ] 14. Sterlite Foundation, 113, Samudra Mahal, Annie Besant Road, Worli, Mumbai. 4 [ Setting up and running of vocational training centres for computer courses and tailoring classes at 386 centres at the estimated cost of ₹ 8372.62 lakhs including a corpus fund of ₹ 7242 lakhs ] 5 [ ₹ 8372.62 lakhs including a corpus fund of ₹ 7242 lakhs ] 15. Ashoka Kala Niketan Trust, 49,Bombay-Pune Road, Bopadi, Pune. Running of programmes for leprosy eradication, rehabilitation and research centre at Pune city,Maharashtra ; likely to cost ₹ 6.40 lakhs per year. ₹ 12.80 lakhs. 16. Socio-Economic Educational Development Society (SEEDS), D. No. 15/451, Kamlangar, Anantpur, Andhra Pradesh. Rural community health and family welfare project at Bukkaraya Samudram Mandal, Anantpur District, Andhra Pradesh ; likely to cost ₹ 45.86 lakhs. ₹ 45.86 lakhs. 17. Maria Seva Sangha, Villa Maria, No. 12,Rest House Road, Bangalore. Construction of houses under social housing project at Sannathammanahalli ; K.R. Puram Taluka, Bangalore South, Karnataka; likely to cost ₹ 866.41 lakhs. ₹ 100.00 lakhs. 18. Shubham Karothi, 52/1 Ramo Halli, Kengeri Hobli,Bangalore. Construction of building, purchase of equipment, funishing and running of school and rehabilitation centre at Ramohalli, Kengeri, Bangalore South, Karnataka State ; likely to cost ₹ 200.00 lakhs. 8 [ ₹ 4.00 crore ] 2. This notification shall remain in force for a period of two years in relation to the assessment years 1998-99 and 1999-2000 in respect of projects or schemes mentioned at serial numbers 6, 12 and 15 and for a period of three years in relation to the assessment years 1998-99, 1999-2000 and 2000-2001 in respect of projects or schemes mentioned at serial numbers 1, 2, 3, 4, 5, 7, 8, 9, 10, 11, 12, 13, 14, 16, 17 and 18 [F. No. NC-153/97] V. K. SEHGAL, Dy. Secy. *********** Notes 1. Substituted vide NOTIFICATION No. 11128 dated 18-11-1999 before it was read as ₹ 30.00 lakhs as corpus fund. 2. Substituted vide Notification No. 18 of 2003 dated 22-01-2003 before it was read as vocational training 3. Substituted vide Notification No. 18 of 2003 dated 22-01-2003 before it was read as ₹ 138.60 lakhs plus a corpus fund of ₹ 1,063 lakhs. 4. Substituted vide Notification No.155 /2004 dated 01-06-2004 before it was read as 2 [ Setting up and running of vocational training centres for computer courses and tailoring classes at 386 centres at the estimated cost of ₹ 2,193.62 lakhs including a corpus fund of ₹ 1,063.00 lakhs ] 5. Substituted vide Notification No.155 /2004 dated 01-06-2004 before it was read as 3 [ ₹ 2,193.62 lakhs plus a corpus fund of ₹ 1,063.00 lakhs ] 6. Substituted vide Notification No. SO 1313(E) [F. No. NC-274/08/2008] dated 4-6-2008 before it was read as ₹ 60.00 lakhs 7. Corrected vide CORRIGENDUM SO. 2656 (E) dated 12-11-2008 before it was read as Rural development project-construction of buildings for primary school, women and child welfare centre, staff quarters, guest house, laboratory and library hall, kitchen and dinning hall, meditation hall, administrative block at Vinaypuram, District Bhilwara, Rajasthan 8. Substituted vide Notification No. S.O. 236(E) dated 21-01-2009 before it was read as ₹ 200.00 lakhs