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Exemption u/s 35AC - Central Government had specified the medical care to old persons and leprosy patients, provision of home to old persons and Rehabilitation of destitute old women, conducting eye camps of Helpage India, C-14, Qutab Institutional Area, New Delhi as an eligible project or scheme - S.O.405(E) - Income TaxExtract Exemption u/s 35AC - Central Government had specified the medical care to old persons and leprosy patients, provision of home to old persons and Rehabilitation of destitute old women, conducting eye camps of Helpage India, C-14, Qutab Institutional Area, New Delhi as an eligible project or scheme NOTIFICATION NO. S.O.405 ( E ) DATED 3-5-1995 whereas by Notification No. S.O. 602(E), dated 12th August, 1993, issued under clause ( b ) of Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 12, the medical care to old persons and leprosy patients, provision of home to old persons and Rehabilitation of destitute old women, conducting eye camps of Helpage India, C-14, Qutab Institutional Area, New Delhi-110 016 as an eligible project or scheme for a period of three assessment years commencing from the assessment year 1994-95 ; And whereas, the said project or scheme is likely to extend beyond two years ; And whereas, the National Committee has, 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 of 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 35AC of the Income-tax Act, 1961, hereby specifies, medical care to old persons and leprosy patients, provision of home to old persons, rehabilitation of destitute old women, conducting eye camps of Helpage India, C-14 Qutab Institutional Area, New Delhi-110 016 at the estimated cost of rupees one thousand two hundred ninety five lakhs as an eligible project or scheme for a further period of three assessment years commencing from the assessment year 1996-97. [No. 7762/F. No. NC-30/95]
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