Exemption u/s 35AC - Approved various institutions as an eligible projects or schemes - S.O.973(E) - Income Tax

Exemption u/s 35AC - Approved various institutions as an eligible projects or schemes NOTIFICATION NO. S.O.973 ( E ) DATED 14-12-1995 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 or schemes and the estimated cost thereof as mentioned in column (3) of the Table below 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. Children of the World (India) Trust, 401, Arun Chambers, 4th Floor, Tradeo, Bombay-400 034. Land development construction, furnishing and equipment/medicines of Vishwabalak Kendra at Nerul, Bombay; likely to cost ₹ 134.00 lakhs ₹ 119.72 lakhs 2. Organisation for Replacement Agro of Juhum and Shifting Cultivation and Advancement of Small Scale Industries, Qr. No. 1/IV-C, Babupara, P.O. Imphal, Manipur. Social Forestry/Affores- tation Project at Motbung village, of Kangpokpi T.D. Block, Senapati District of Manipur; likely to cost ₹ 75.30 lakhs. ₹ 75.30 lakhs 3. Deepalaya, G. No. 12, Shivaji Enclave, New Delhi-110 027. Construction, furnishing and equipment of school building at Govindpuri, Kalkaji Extension, Delhi; likely to cost ₹ 267.50 lakhs ₹ 186.00 lakhs 4. Smt. Lakshmi and Shri Janki Lal Shah Foundation, 9, Naples, Sobani Road, Cuffe Parade, Bombay-400 005. Construction, equipment, furnishing and running of Smt. Lakshmi Shah Rural Medical and Research Centre; likely to cost ₹ 200.00 lakhs. ₹ 200.00 lakhs 5. Amar Eye Centre and Research Foundation, 2A-Shankaracharya Marg, Civil Lines, Delhi-10 054. Construction/renovation, equipment, furnishing and running of Amar Eye Centre and Research Foundation at Mohan Par, Shahdara, Delhi; likely to cost ₹ 300.0 lakhs. ₹ 300.00 lakhs 6. Ramakrishna Mission, P.O. Belur Math, District Howrah, West Bengal-711 202. Construction of overhead tank, Nurses' Training School with hostel and doctors, quarters at Ramakrishna Mission Sevashrama, Kankhal Hardwar, U.P.; likely to cost ₹ 68.80 lakhs ₹ 68.80 lakhs 7. Bharat Sevashram Sangha, 211, RAsh Behari Avenue, Ballygunge, Calcutta-700 019. Construction, furnishing running of Pranavananda Centenary Primary School at Village Kasuria, P.O. Paryadanga, Nadia, West Bengal; likely to cost ₹ 22.00 lakhs ₹ 22.00 lakhs 8. Boloma Yuva Vikash Kendra, P.O. Boloma, Via-Tepk, District Jorhat, Assam-785 112. Construction, furnishing and running of community health centre; likely to cost ₹ 10.33 lakhs. ₹ 10.33 lakhs 9. Association for the care of the Aged, House No. 8-14-1, Mahalakshmi Nilayam, Gandhi Nagar, Kakinada-4. Construction, furnishing and running of South Block of Ashram Sravana Old Age Home and Eye-cum-General Hospital at Ramanayyapeta Village, Near Kakinada Town; likely to cost ₹ 10.70 lakhs ₹ 9.70 lakhs 10. Mangalam, Mangalam Sadan, A-445, Indiranagar, Lucknow-26 016. Construction, furnishing and equipment of Mangalam Medical Rehabilitation and Research Centre at 7, Institutional Area, Karkardooma, Delhi; likely to cost ₹ 60 .07 lakhs. ₹ 38.07 lakhs 11. Shi Purushotam Seva Trust, Advance Technology Management Association, 17-A Himalaya Park, Opp. Income-tax Office, Ahmedabad-380 014. Construction, equipment and running of technical school at Village Sola, Tal. Daskroi, District Ahmedabad, Gujarat; likely to cost ₹ 117.16 lakhs ₹ 100.00 lakhs 12. Share Hanuman Viyayam Prasarak mandal hanuman Vyayam Amaravati-444 605, Maharashtra. Construction of four hostels and development of asram salas at Amarvati, Hatru, Harisal and Achalpur; likely to cost R. 193.14 lakhs. ₹ 193.14 lakhs 13. Kailash Charitable Trust, C-320, Sector 91, NOIDA-201 301. Running of free medical aid services at NOIDA; likely to cost ₹ 40.00 lakhs. 1 [ ₹ 1.50 crores ] 14. Ankleshwar Environmental Preservation Society, K-1/205, GIDC Estate, Ankleshwar-393 002, Gujarat. Preservation of Environment and Ecological planning project at GIDC-Ankleshwar industrial Estate and its surroundings and Bharuch district, Gujarat; likely to cost ₹ 198.00 lakhs. ₹ 186.00 lakhs 15. Karnataka Health Institute, Ghataprabha, Distt. Belgaum, Karnataka-591 310. Construction and furnishing and extension of Nurses' Hostel and provision of solar heating for students at K.H.I. Ghataprabha, Belgaum, Karnataka; likley to cost ₹ 42.28 lakhs. ₹ 42.28 lakhs 16. Santulan Society, C/o Energy Consultants, 27, Maharana Pratap Nagar, Zone-II, Bhopal-462 011, Madhya Pradesh. Goat raising scheme, construction of building, dug-well/stop dam and running of KuKru Development Plan Project at Village Kukru, Tehsil Bhainsdehi, District Betul, Madhya Pradesh; likely to cost ₹ 10.00 lakhs. ₹ 8.00 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 1, 2, 11 and 15 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 3, 4, 5, 6, 7, 8, 9, 10, 12, 13, 14 and 16. [No. 9921/F. No. NC-156/95] ******* Notes 1. Substituted vide Notification No. 19/2007[F.No.NC-274/03/2007], dated 16-7-2007 . Earlier substituted vide NOTIFICATION NO. S.O. 212(E) DATED 16-3-1998 before it was read as ₹ 40.00 lakhs