Exemption u/s 35AC -Approves various institutions as an eligible project or schemes - S.O.267(E) - Income Tax

Exemption u/s 35AC -Approves various institutions as an eligible project or schemes NOTIFICATION NO. S.O.267 ( E ) DATED 29-3-1994 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 and schemes and 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. TABLE Sl. No. Name of the institution Project or Scheme and estimated cost thereof Maximum amount of cost to be allowed as deduction under section 35AC (1) (2) (3) (4) 1. Greater Visakha Leprosy Treatment and Health Education Scheme, 21-2, A.V.N. College Road, Visakhapatnam, Pin-530 001. Construction of Training-cum- Production Centre for rehabilitation of leprosy patients and other handicapped persons on four acres land by the side of National Highway 510 kms. away from Visakhapatnam and running the said centre for imparting free training in eight disciplines of duration from six months to two years to disabled persons whose income is less than ₹ 750 per month, likely to cost ₹ 48.38 lakhs. ₹ 48.38 lakhs 2. M.D. Mehta Education Trust, C/o NHB Bearings Limited, 309, Shahid Bhagat Singh Road, Bomnbay-400 038. Establishment with equipment and furniture of M.D. Mehta Vocational Training Centre at Village Dhrol, Jamnagar, Gujarat and running the said centre for free training in embroidery, needle work, knitwear hand and machine and native hand- embroidery lto women in age group of 15-30 years having low income, likely to cost ₹ 13 lakhs. ₹ 12.85 lakhs 3. Navaiyoti Kishore Club, At Bhunipur, P.O. Banasingh, Dhenkanal, Orissa Integrated Rural Development scheme comprising,- (a) weaving scheme for 30 women, (b) sanitary and housing for 20 families, (c) agriculture based schemes for 100 families, and, (d) goatery for 30 families, likely to cost ₹ 6.16 lakhs ₹ 6.16 lakhs 4. Prabuddha Bharati Shishu- tirtha, Khirinda, Kishna- priya,Midnapore, West Ben- gal-721 140. Construction of Rama Krishna Jnanpith Community Hall at Plots Nos. 586, 589 and 591 of Mouzakhirinda J.L. No. 10 P.S. Pingla, P.O. Krishnapriya, District Midnapore, for benefit of people belonging to weaker section in Midnapore, likely to cost ₹ 11.03 lakhs. ₹ 11.03 lakhs 5. Shree Bhagwat Vidyapeeth, Krishna Dham, Sola, Ahmedabad-382 481. Construction of a 200 bedded hospital named as Nirmay Tirth, with mobile dispensaries at Sola, District Ahmedabad for providing free medical treatment including examination, dispensation of medicines, pre-operative diagnosis, surgical operation and post operative care and providing beds and diet free of cost to patients admitted in the hospital and free stay for relatives of patients from distant places, likely to cost ₹ 1,381.25 lakhs 4 [ ₹ 350.00 lakhs towards corpus fund out of ₹ 138.25 lakhs ] 6. SOS Children's Village of India, A-38, Kailash Colony New Delhi-110 048. Administration and maintenance of 27 existing villages for providing free clothing education land shelter land family environment to destitute, orphaned and abandoned children, likely to cost ₹ 3,291 lakhs. 10 [ ₹ 200 crore ] 7. Women's Development Organisation, 4/54, D.A.V. College Road, Dehradun-248 001 (U.P.) (a) Wasteland development on 500 hectares land by planting AGAVE plant at 600 villages in the districts of Saharanpur, Dehradun and Hardwar in U.P. (b) Construction of building with equipment at Niranjanpur Block Raipur, District Dehradun, Nupur Tehsil, Roorkee, District Saharanpur Village Chabra, Sahaspur District, Dehradun for providing training production-cum-employment oriented programme in textile in two batches comprising 75 trainees in each batch per year; Both (a) and (b) schemes likely to cost ₹ 234.63 lakhs. ₹ 234.63 lakhs 8. Bharat Sevashram Sangh, 211, Rash Behari Avenue, Calcuta-700 019. (a) Construction and furnishing of high school building in 839.72 sq. mtrs, area which includes construction of boundary walls, play ground, etc., at Killari, District Latur, Maharashtra,likley to cost ₹ 26 lakhs (b) Construction and furnishing of Pranbananda Women's College building in 43,500 sq.ft. are including site development and provision for water pump, generator, library books, sports games instruments, etc., likely to cost ₹ 79.46 lakhs. ₹ 79.46 lakhs 9. All India Tennis Association, B-3/7, Asaf Ali Road New Delhi-110 002. Construction of Tennis stadium at DLTA Complex, R.K. Puram, Africa Avenue Marg, New Delhi having capacity of 6,000 persons with allied facilities for players including residential accommodation, administration and office space, etc., and running of tennis academy in it for free training, likely to cost 3 [ ₹ 800.00 lakhs ] . 3 [ ₹ 800.00 lakhs ] 10. Ramakrishna Mission Sevashram, Village Athligari, P.O. Contai, District Midnapore, West Bengal-721 401 Rural Development Project named as Palli Unnayan Prakalpa comprising,-- (a) Construction of a primary school building on land provided by the Ramakrishna Mission; (b) Providing drinking water through sinking tube-wells; and (c) construction of 2,000 ft. Kachha link road from village Raghu Sardar Barh, Jalpai to main road, likely to cost ₹ 2.20 lakhs. ₹ 2.20 lakhs 11. Shrujan Trust, Behind G.E.B. Sub-station, Post Bhjodi, Tal-Bhuj Kutch, Gujarat. Creation of employment opportunities through embroidery training programme for socially and economically backward communities living below poverty line in 19 villages of Kutch and Banaskantha District of Gujarat, likely to cost ₹ 10 lakhs. ₹ 10 lakhs 12. Maharhi Karve Stree Shikshan Samstha, Karvenagar, Pune-411 052. (a) Construction of Arts and Commerce College at Karvenagar, Pune in which 75 per cent.beneficaries will belong to economic and other backward classes, likely to cost ₹ 31.61 lakhs; ₹ 31.61 lakhs (b) construction of Phase III of Maharshi Karve Stree Shikshan Samstha Cummins College of Engineering at Karvenagar, Pune, for imparting education to 180 students in three disciplines of engineering, likely to cost ₹ 59.80 lakhs; ₹ 59.80 lakhs (c) construction of first floor including kitchen and dining unit above Venubai hostel block at Hignee Stree Shikshan Samstha to accommodation 226 students belonging to weaker sections and studying in one of the institutions run by Maharshi Karve Stree Shikshan Samstha, out of which 61 students will be provided mess facilities free of cost and 166 students will be provided mess facilities lat half rates, likely to cost ₹ 15.76 lakhs. ₹ 59.80 lakhs 13. Mahapat Yubashaki Club Lokanathapur, Badasuanlo, kamakhyanagar, Dehenkanal, Orissa-759 039. Sustainable community development project involving,-- (i) Health and social education including provision of study material for functional literacy, health check up camps, medicines; medical instruments and construction of three tubewells; (ii) Agro service scheme comprising construction of co-ordination-cum-health and agro service centre for providing training to 40 farmer representatives; and (iii) Income generation programme in goating and piggery agricultural activities by providing 300 goats and 200 pigs to 100 families in Kankandahad Block, Dhen-kanal, Orissa; likley to cost ₹ 7.13 lakhs. ₹ 7.13 lakhs 14. 1 [ P.A.C. Ramasamy Raja Centenary Trust, Ramamandiram, Tenkasi Road, Rajap; yam, Kamarajar district, Tamilnadu-626177 ] Construction of fully equipped hospital named as Ramco Apollo diagnostic centre at Rajapalayam-626 117, Kamaraj District, Tamil Nadu, likely to cost ₹ 386 lakhs provided that,- (a) (i) 40 per cent. of common clinical tests are provided free and 25 per cent. at concessional rate; (ii) 25 per cent. X-rays and ECG tests are provided free and 25 per cent. at a concessional rate; and (iii) 25 per cent. other routine tests free and 25 per cent. at concessional rate; (b)(i) Free treatment is give to those patients whose family income does not exceed ₹ 10,000; (ii) 25 per cent. to 35 per cent. concession to patients with annual family income between ₹ 10,000 to ₹ 15,000. ₹ 386 lakhs 15. Dr. Sheela Sharma Memorial Charitable Trust 2517, Rani Mandi P.O. Gayatri Tapobhumi, Mathura-281 003 Uttar Pradesh. Construction of 200 bedded hospital named as Dr. Sheela Sharma Memorial Charitable Cancer Hospital at Azampur, Mathura, Uttar Pradesh to provide,- (a) free treatment to patients with income below ₹ 1200 per month; and (b) 50 per cent. concessional treatment to patients with income between ₹ 1,200 land ₹ 2,400 per month; likely to cost ₹ 499.58 lakhs. ₹ 499.58 lakhs 16. Krisnamurthi Foundation India, 64-65, Greenways Road, Madras-600 028. Integrated Rural Development scheme providing,-- (a) rural education through 10 schools land one research-cum-training centre; (b) health care through mobile clinic, borewells, toilet facilities nutrition supplement for children and preventive medication; (c) dairy services comprising artificial insemination and medical assistance; and (d) vocational training by constructing building with four rooms for training in five vocations at Rishi Valley Education Centre, Chitoor District, Andhra Pradesh, likley to cost ₹ 51.40 lakhs. ₹ 51.40 lakhs 17. ALERT-INDIA (Association for Leprosy Education, Rehabilitation and Treatment -India) 6-B, Mukhyadhyapak Bhavan, 3rd Floor, Road No.24, Sion(W), Bombay-400 022. Detection,treatment and cure of,- (a) leprosy patients under Urban Leprosy Control Projects at Greater Bombay and New Bombay; (b) T.B. patients under T.B. Control Project at New Bombay; and (c) running of integrated health care project at Airoli, Bombay. The benefit under (a), (b) and (c)shall be given to slum dwellers and weakers section persons living in Bombay, likley to cost ₹ 2 [ ₹ 270.02 lakhs ] . 9 [ ₹ 17.34 crore including a corpus fund of ₹ 65 lakh ] 2. This notification shall remain in force for a period of two years in relation to the assessment years 1994-95 and 1995-96 in respect of projects mentioned at serial numbers 4, 12, 13 and 14 and for a period of three years in relation to the assessment years 1994-95, 1995-96 and 1996-97 in respect of projects mentioned at serial numbers 2, 3, 5, 7, 8, 9, 10, 11, 15 and 16 and for a period of three years in relation to the assessment years 1995-96, 1996-97 and 1997-98 in respect of project mentioned at serial numbers 1, 6 and 17. [No. 9524/F. No. NC-32/94] ********* Notes 1. Substituted vide NOTIFICATION S.O. 527(E) dated 14-7-1994 before it was read as P.A.C. Ramasamy Centenary Trust, Ramamandiram Tenkasi Road, Rajapalayam, Tamil nadu-626 117. 2. Substituted vide NOTIFICATION NO. S.O.21(E) DATED 6-1-1995 before it was read as 190.32 lakhs 3. Substituted vide Notification S.O.195(E) dated 13-3-1995 before it was read as ₹ 314.70 lakhs 4. Substituted vide NOTIFICATION No. S.O. 1245(E) dated 30-10-2003 before it was read as ₹ 1,381.25 lakhs 5. Substituted vide NOTIFICATION NO. 242/2005, DATED 14-11-2005 before it was read as ₹ 3,291 lakhs 6. Substituted vide S.O. 1165(E) dated the 16-07-2007 before it was read as 5 [₹ 4,791 lakhs] 7. Substituted vide NOTIFICATION S.O. 1849 (E) dated 25-07-2008 before it was read as 6 [₹50.00 crore] 8. Substituted vide Notification No. 41/2012 dated 14.05.2012 before it was read as 7 [₹ 100.00 crore] 9. Substituted vide NOTIFICATION NO. 116/2012 DATED 12-3-2013 10. Substituted vide NOTIFICATION NO. 167/2015 DATED 20-7-2015 before it was read as 8 [₹ 150 crore]