Exemption u/s 35AC - Approved various institution as an eligible projects or schemes - S. O. 422(E) - Income Tax

Exemption u/s 35AC - Approved various institution as an eligible projects or schemes NOTIFICATION NO. S. O. 422 ( E ) DATED 19-5-1998 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 said Table and also specifies in the column (4) of the said Table, the maximum amount of such cost which may be allowed as a deduction under the said section 35AC. TABLE Sl No. Name of the institutions Project or scheme estimated cost thereof Maximum amount of cost to be allowed as deduction under section 35AC (1) (2) (3) (4) 1. Shri Bhojay Sarvodya Trust, C/o M/s. C. D. Prasad and Co., Fairy Manor, 13, Gunbow Street, Fort, Mumbai. Rural health camps and construction of 14 bedded Public Hospital at Bhojay, Kutch, Gujarat ; likely to cost ₹ 90.00 lakhs plus a corpus fund of ₹ 100 lakhs. 2 [ ₹ 360.00 lakhs including a corpus fund of ₹ 200.00 lakhs ] 2. Krishnamurti Foundation India, 64-65, Greenways Road, Chennai-600 028. (a) Construction of Rural Primary School ; and (b) Construction of Gynaecology Ward in Sanjeevan Hospital; at Village Sarai Mohna, District Varanasi ; likely to Cost ₹ 28.60 lakhs. ₹ 28.60 lakhs. 3. Society for Service to Voluntary Agencies, Shardagram Park, A Wing, 3rd Floor, Near Jehangir Nursing Home, Pune-411 001. Running of Training Institute and Training Workshops at Zerewede, Pune ; likely to cost ₹ 180.00 lakhs ₹ 60.00 lakhs. 4. Social Action for Manpower Creation (SAMPARC), Village-Bhage, Railway Station Malavali, Taluk-Maval, District Pune-410 405. (a) Construction of community hall-cum-training centre with 12 rooms for accommodation of trainees ; (b) Child educational support programme ; (c) Hostel in Wandre Project ; (d) Women's Training programme ; (e) Construction of extension building for Bhaje School; at Pune and surrounding areas of Maharashtra ; likely to cost ₹ 117.49 lakhs. ₹ 57.66 lakhs. 5. Shri Baldevdas Charitable Trust, 18-Raopura Co-operative Housing Society, Near Memnagar Station, Navrangpura, Ahmedabad-9. Purchase of Ambulance, instruments and running of welfare activities (Medical aid/camps, distribution of foodgrain and clothes) of Shri Baldevdas Charitable Trust in Rural/Urban slums in Ahmedabad and nearby areas in Gujarat State; likely to cost ₹ 45.00 plus a corpus fund of ₹ 30 lakhs. 5 [ ₹ 490 lakh including a corpus fund of ₹ 30 lakh ] 6. Sundeep Foundation, 118, Jolly Bhavan No. 1, 10, New Marine Lines, Mumbai-400 020. 1 [ running of health care and education activities in Gujarat and Maharashtra ] ; likely to cost ₹ 50 lakhs. 4 [ ₹ 150.00 lakh ] 7. The Blind Relief Association, South Ambazari Road, Nagpur-440 022. Construction of school building at Ambazari Road, Nagpur, Maharashtra ; likely to cost ₹ 94.17 lakhs ₹ 94.17 lakhs. 8. Parents Association for the Welfare of Children with Mental Handicap, Genetic Unit, Department of Paediatric, A. I. I. M. S., Ansari Nagar, New Delhi-110 029. Land development and construction of school/vocational training centre building for mentally handicapped children at Sector B, Site No. 3, Vasant Kunj, New Delhi ; likely to cost ₹ 200 lakhs. ₹ 200 lakhs. 9. Eye Bank Co-ordination and Research Centre, Manisha Hospital, Sant Savta Marg, Byculla, Mumbai-400 027. Project Eye Hope at Mumbai and surrounding areas; likely to cost ₹ 72.29 lakhs plus a corpus fund of ₹ 112.50 lakhs. ₹ 72.29 lakhs plus a corpus fund of ₹ 112.50 lakhs. 10. Hindu Anath Ashram, Nadiad, Ashram Road, P. O. Box No. 46, Nadiad, (Gujarat)-387 001. Construction of cultural hall and reading hall, furnishing and purchase of equipments for Anath Ashram at Ashram Road, Nadiad, Gujarat ; likely to cost ₹ 53.44 lakhs. ₹ 53.44 lakhs. 11. Sri Kanchi Sankara Health and Educational Foundation, Sri Sankardeva Nethralaya Basiatha Charali, P. O., Neltola, Guwahati-28 Purchase of equipments/vehicles furnishing and construction of building for Sri Sankara Deva Nethralya, Phase-I Expansion Project at Guwahati, Assam ; likely to cost ₹ 2015.38 lakhs. 3 [ ₹ 2606.88 lakh ] 12. Karnatak Health Institute, Ghataprabha-591 310, District-Belgaum, Karnataka State. (a) Establishment of Mini Hydel Project at Gokak Canal, Karnataka ; and (b) Running of Hospital with freeship for poor patients at Ghataprabha, Belgaum district, Karnataka State; likely to cost ₹ 500 lakhs. ₹ 500 lakhs. 13. Lions Comprehensive Eye Care Foundation, Miraj, Plot No. P-31, M. I. D. C., Miraj-416 410, District-Sangli, Maharashtra. Construction of building for expansion of hospital purchase of equipments, vehicle, furnishing and running of Eye Hospital at M. I. D. C., Miraj, Sangli District of Maharashtra ; likely to cost ₹ 450 lakhs. ₹ 297 lakhs. 14. Radico Welfare Centre, 806-809, Bhandari House, 91, Nehru Place, New Delhi-110 019. Uplift of urban slum dwellers at- (a) Dayal Singh Colony, Near West Front, Okhla ; (b) Sarvodaya and Sudhar Camps at J. J. Cluster, Kalkaji, New Delhi; likely to cost ₹ 30 lakhs. ₹ 30 lakhs. 15. Environmental Sanitation Institute, 136, Gandhi Ashram, Ahmedabad-380 027. Land development, purchase of equipments and mini bus, furnishing and construction of building for Environmental Sanitation Institute (ESI), Near Village Sughad, on Ahmedabad-Gandhinagar Highway, Gujarat ; likely to cost ₹ 274 lakhs. ₹ 125. lakhs. 2. This notification shall remain in force for a period of one year in relation to the assessment year 1999-2000 in respect of projects or schemes mentioned at serial number 3 and for a period of three years in relation to the assessment years 1999-2000, 2000-2001 and 2001-2002 in respect of projects or schemes mentioned at serial numbers 1, 2, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14 and 15 of the said table. [No. 10599/F. No. NC-29/98] ******* Notes 1. Substituted vide NOTIFICATION NO. 515(E) DATED 26-5-2000 before it was read as Running of Health Care and education activities at Kutch (Gujarat) and Dhule (Maharashtra) 2. Substituted vide Notification No. 212 of 2002 dated 14-08-2002 before it was read as ₹ 60.00 lakhs plus a corpus fund of ₹ 100 lakhs. 3. Substituted vide NOTIFICATION NO. 33/2007 [F.No.NC-274/03/2007] 23-10-2007 before it was read as ₹ 2011.00 lakhs 4. Substituted vide NOTIFICATION No. S.O. 867(E) dated 27-04-2011 . Earlier substituted vide Notification No. 62/2008 [F.No. NC-274/13/2008] S.O. 2383(E) dated 3-10-2008 5. Substituted vide NOTIFICATION NO. 111/2011 dated 18-10-2011 . Earlier substituted vide notification number S.O.1801(E) dated 23-10-2007