Exemption u/s 35AC - Approves Various institutions as an eligible projects and schemes - S.O.402(E) - Income Tax

Exemption u/s 35AC - Approves Various institutions as an eligible projects and schemes NOTIFICATION NO. S.O.402 ( E ) DATED 3-5-1995 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 estimated cost thereof Maximum amount of cost to be allowed as deduction under section 35AC (1) (2) (3) (4) 1. PHD Rural Development Foundation, PHD House, Dalmia Bros. Floor, Opp. Asian Games Village, New Delhi-110 016. Imparting of free training in income generating scheme for rural women at districts Rohtak, Gurgaon in Haryana, and at district Alwar in Rajasthan. Rs. 32.88 lakhs 2. Vivekananda Palli Agragami Seva Pratisthan, At Bhatra Chowk, NH-42, Post Box No.33, Sambhalpur-768 001(Orissa). Integrated community health for the weaker sections. Rs. 94.20 lakhs 3. Shri Hari Vanvasi Vikas Samiti, Kalyan Ashram, Near Bangla School Gali, Ranchi-834 001. Construction of Saraswati Vidya Mandir, a residential High School for the tribals, harijans and economically backward classes with vocational training centre at village Navadina, P.O. Navadhi, P.S. Ghanghra (Dist. Guhila), Bihar. Rs. 93.98 lakhs 4. Bhartiya Shikshan Avam Shodh Parishad, Jyoti Bhawan, Govindpur, District Dhanbad, Bihar-862 109. Construction of 230 one teacher schools at 75 villages of district Dhanbad, 30 villages of district Giridih, 60 villages of district Duma and 65 villages of district Sahabgunj in Bihar. Rs. 103.84 lakhs 5. Cancer Institute (W.I.A.) East Canal Bank Road, Gandhinagar, Adyar, Madras-600 020. Construction of Dharmasala for accommodation of poor ambulant cancer patients at Cancer Institute (W.I.A.) Campus, East Canal Bank Road, Gandhinagar, Adyar, Madras. Rs. 24.60 lakhs 6. The Khadi and Village Industries Society, Village Chandopur-IV, District Hailakaudi, Assam. Training and Production of Endi yarn and Endi Chadar at Darakapur, Bagmara and Chadypore T. E. Block Algapur Development Block, district Hailakaudi, Assam. Rs. 2.29 lakhs 7. Sri Ramakrishna Tapovanam, Post Box No. 1, P.O. Tirupparaithurai, Tiruchirapalli, Tamil Nadu. (a) Construction and running of Sri Ramakrishna Vivekananda Higher Secondary School. (b) Construction and running Rs. 39.85 lakhs of Sri Manickavasagam High School at Pandipathram Post, Avudayarkoil taluk, Pudukottai dist., Tamil Nadu; and c) Recurring expenses for Rs.14.82 lakhs running of above two schools. Rs. 108.96 lakhs 8. Sri Meenakshi Ladies Association, No. 1/91, P.O. Sippiparai, Kamarajar District, Tamil Nadu-627 713. Drinking water project under AIWSP at Sippiparai village Kamarajar district, Tamil Nadu. Rs. 18.31 lakhs 9. The Manipur Tribal Development Society, Gilead Dewlahland, Imphal-795 001, Manipur Implementation of Dr. Ambedkar Pilot Project comprising training in handicraft (cane and bamboo), animal husbandry, health and education programme, construction of low cost houses at Senapati, district Manipur. Rs.104.75 lakhs 10. Basavangudi Aquatic Centre, Shankar Prasad, No. 34, Shankar Mutt Road, Basavangudi, Bangalore-560 004. Construction of a swimming pool complex with facilities of boarding and loading for the swimmers and a modern gymnasium at Basavangudi, Near National College, Bangalore and running. Rs.100.30 lakhs 2. This notification shall remain in force for a period of two years in relation to the assessment years 1996-97 and 1997-98 in respect of projects mentioned at serial numbers 5 and 8 and for a period of three years in relation to the assessment years 1996-97, 1997-98 and 1998-99 in respect of projects mentioned at serial numbers 1, 2, 3, 4, 6, 7, 9 and 10. [No. 9759/F. No. NC-30/95]