Exemption u/s 35AC - Central Government had specified Primary Health Project at 30 villages of Sundergarh District of Orissa of Dalmia Bharat Seva Trust, Orissa as an eligible project or scheme - S.O. 917(E) - Income Tax

Exemption u/s 35AC - Central Government had specified Primary Health Project at 30 villages of Sundergarh District of Orissa of Dalmia Bharat Seva Trust, Orissa as an eligible project or scheme NOTIFICATION NO. S.O. 917 ( E ) DATED 29-12-1997 Whereas by Notification Number S. O. 469(E), dated the 2nd July 1996, issued under sub-section (1) read with 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, Primary Health Project at 30 villages of Sundergarh District of Orissa of Dalmia Bharat Seva Trust, P. O. Rajgangapur-770017, Orissa, as an eligible project or scheme for a period of two years commencing from the assessment year 1997-98 And whereas the said project or scheme is likely to extend beyond two years; And whereas the National Committee, 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 or scheme for a further period of two years Now, therefore, the Central Government, in exercise of the powers conferred by sub-section (1) read with clause ( b ) of Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of Primary Health Project at 30 villages of Sundergarh District of Orissa which is being carried out by the Dalmia Bharat Seva Trust, P. O. Rajgangapur-770017 Orissa at the estimated cost of rupees seven lakhs eight thousand only as an eligible project or scheme for a further period of two assessment years commencing from the assessment year 1999-2000. [No. 10486/F. No. NC-141/97]