Exemption u/s 35AC - Approves Various institutions as an eligible projects and schemes - S.O.791(E) - Income Tax

Exemption u/s 35AC - Approves Various institutions as an eligible projects and schemes NOTIFICATION NO. S.O.791 ( E ) DATED 18-9-1995 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 institions 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 Table below and also specifies in the 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. Gujarat Sarvar Mandal, Room No.15, 1st Floor, Himavan, Samaj kalyan Kendra, Shanti Kunj Society,Pritamari Marg, Near Paldi, Ahmedabad-6. Free medical aid to poor and destitute paitents at Ahmedabad, Gujarat, likely to cost ₹ 12 lakhs. 8 [ ₹ 90 lakh and also corpus fund of ₹ 1 crore ] 2. Shram Mandir Trust, Sindhrot, Distrit Baroda, Gujarat. Construction of additional dormitories for aged cripped persons, workshop with mechanical looms for khadi and handloom weaving, vocatonal training centre, guest cottages and installation of solar hot water system at Sindhrot, District Baroda, Gujarat, likely to cost ₹ 38.61 lakhs. ₹ 38.61 lakhs 3. Madhusthali Viduapeth Trust, Madhupur, Distt. Deoghar, Bihar. Construction, equipment and furnishing of Model Residential Institution for Girls, Madhusthali Vidyapeeth Madhpur Bihar; likely to cost ₹ 750 lakhs. ₹ 720.43 lakhs 4. Judo Federation of India jawaharlal Nehru Stadium, Gate No.27, Room No. 1134, Lodhi Road, New Delhi-110 003. First phase of development plan of judo covering 20 districts of Rajasthan, Haryana, Delhi, Punjab, Madhya Pradesh, Karnataka, Bihar, Orissa and Maharashtra; likely to cost ₹ 399.40 lakhs ₹ 399.40 lakhs 5. Comprehensive Rural Deve- lopment Services, Oakland Scheme, Dasogapathar Area, P.B. 49, Dimapur, Nagaland-797 112. Construction and furnishing of building and running of primary school education-cum-teachers education pro- gramme; likley to cost ₹ 46.17 lakhs. ₹ 40.82 lakhs 6. Gramya Vikas Mandal,Paliad, At P.O. Paliad, Tal.Kalol (NG), Distt. Mehsana, Gujarat Maintenance of S.J. Patel Sarvajanik Hospital at Paliad, Tal. Kalol, District Mehsana, Gujarat;likley to cost ₹ 10.66 lakhs. 6 [ ₹ 101.00 lakh ] 7. The Bombay Young Men's Christian Association, Y.M.C.A Road, Bombay Central, Bombay-400 008. Construction, equipment, furnishing and running of vocational training centre at Andheri, Bombay; likley to cost ₹ 65 lakhs. ₹ 42.73 lakhs 8. Shri Vishcakalyan Society-Idar,Shri Atmavallabha Hospital Campus-Samudranagar Highway Road-Idar, Gujarat. Construction, equipment, furnising of polio centre and eye hospital at Shri Atma Vallabh Hospital Compound, Idar, Gujarat; likely to cost ₹ 57.28 lakhs. ₹ 57.28 lakhs 9. Association for Advancement and Rehabilitation of Handicapped (Aaroh), 224, Vasant Enclave, New Delhi-110 057. Construction, equipment, furnishing of Navaiyoti Centre for mentally handicapped and a corpus fund of ₹ 30 lakhs for running the centre at Pocket XI, Sector B, Vasant Kunj, New Delhi; likely to cost ₹ 51 lakhs. 7 [Rs . 1.20 crore plus a corpus fund of ₹ 1.20 crore] 10. Gramonnati Mandal Narayangaon-410 505,Tal.Junnar, Pune, Maharashtra. Construction of multi-purpose gymnasium hall and other sports facilities for holding sports mets at Narayangaon, Tal. Junnar, District Pune, Maharashtra; likely to cost ₹ 40 lakhs. ₹ 40 lakhs 11. Rutumbhara Education and Vikas Trust, Sadatpura,P.O. Sapawada, Tal.Idar,District Sabarkantha, Gujarat. Construction of school building at Sadatpur, Idar, Sabarkantha, Gujarat; likley to cost ₹ 17.63 lakhs. ₹ 17.63 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 2, 7 and 10 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, 3, 4, 5, 6, 8, 9 and 11. [No. 9864/F.No. NC-102/95] ********** Notes:- 1. Substituted vide NOTIFICATION NO. 630(E) DATED 5-7-2000 before it was read as ₹ 12 lakhs 2. Substituted vide NOTIFICATION NO. S.O.548(E) DATED 20-6-2001 before it was read as ₹ 10.66 lakhs 3. Substituted vide Notification No. 110 of 2004 dated 19-03-2004 before it was read as 2 [ ₹ 41.50 lakhs ] 4. Substituted vide Notification No.194 /2004 Dated 05-07-2004 before it was read as 1 [ ₹ 36 lakhs ] 5. Substituted vide Notification No. SO 1315(E) [F. No. NC-274/08/2008] dated 4-6-2008 before it was read as 3 [ ₹ 56.50 lakhs ] 6 . Substituted vide NOTIFICATION NO. 20/2009 DATED 22-3-2010 before it was read as 5 [ ₹ 72.00 lakh ] 7. Substituted vide Not. 74/2015 - Dated 11-2-2015 . Earlier it was amended vide NOT. 89/2005, DATED 23-3-2005 8. Substituted vide NOTIFICATION NO. 91/2015 DATED 11-2-2015 before it was read as 4 [ ₹ 72.00 lakhs ]