Exemption u/s 35AC - Approved various institution as an eligible projects or schemes - S. O. 676(E) - Income Tax

Exemption u/s 35AC - Approved various institution as an eligible projects or schemes NOTIFICATION NO. S. O. 676 ( E ) DATED 11-8-1998 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 mentioned 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. Vikas, 18, Gautam Nagar, Near Naranpura Railway Crossing, Ahmedabad-380 013, Gujarat. Purchase of machinery, construction of a building for Virdhashram (Home for the Aged) and Industrial Shed at Village Kolavada, District Gandhinagar, Gujarat; likely to cost Rs. 63.52 lakhs. Rs. 63.52 lakhs. 2. The Society for the Mentally Retarded, P. D. Malviya Collage Campus Gondal Road, Rajkot-360 004 (Gujarat). Construction of building, furnishing, equipments and running of school and training/ research centres for Medical Education and training of mentally retarded persons at Rajkot, Gujarat ; likely to cost Rs. 100.00 lakhs plus a corpus fund of Rs. 50.00 lakhs. Rs. 100.00 lakhs plus a corpus fund of Rs. 50.00 lakhs. 3. Manav Sadhna, Near Toran Restaurant, Gandhi Ashram, Ahmedabad-380 027 Strengthening selected Ashramshalas, Chhatralayas (Hostels), Balwadi-cum-Nutrition centres of Gujarat Harijan Sevak Sangh at Gujarat State ; likely to cost Rs. 9.56 lakhs plus a corpus fund of Rs. 15.00 lakhs. Rs. 9.56 lakhs plus a corpus fund of Rs. 15.00 lakhs. 4. The Woman s Education Development Association, Keishamthong Bazar, Imphal-795 001. Construction of workshed-cum-residential centre for carpet weaving training-cum-production centre at Langthabal Kunj National Highway No. 39 ; likely to cost Rs. 12.38 lakhs. 1 [ Rs. 16.04 lakhs ] 5. Swasthya Sewa Trust, 38, Vasu Apartment, Navrang High School Road, Ahmedabad-380 013. Health and Family Welfare Project at Ahmedabad/Sabarkantha, Gujarat ; likely to cost Rs. 18.25 lakhs. Rs. 18.25 lakhs. 6. Community Development Society, Jaladi Village, Edlapadu, District-Guntur, Andhra Pradesh Construction of hostel building-cum-vocational training centre at Jaladi Village, Edlapadu Mandal, District Guntur, Andhra Pradesh ; likely to cost Rs. 16.20 lakhs. Rs. 16.20 lakhs. 7. The Blind Relief Association, South Ambazari Road, Nagpur-440 022 Construction of workshop building and hostel building at South Ambazari Road, Nagpur; likely to cost Rs. 39.65 lakhs. Rs. 39.65 lakhs. 8. SOS Children s Villages of India-Chatnath Home, 7, Raja Krishna Rao Road, Teynampet, Chennai-600 018. Construction of a school building and running of SOS Children s Village at Tambaram East, Chennai, Tamil Nadu ; likely to cost Rs. 60.00 lakhs. 7 [ Rs. 225.00 lakh ] 9. Giants Charitable Trust, C/o Koteecha Electricals, Sutaarwada, Porbundar-360 575, Gujarat. Construction of building for Shree Morarji Kheraj Thakar Orthopedic Hospital and Polio Welfare Centre near Paradise Cinema, New Fountaon, Porbundar, Gujarat ; likely to cost Rs. 172.00 lakhs. Rs. 172.00 lakhs. 10. National Society for Equal Opportunities for the Handicapped India (NASEOH), Postal Colony Road, Chembur, Mumbai-400 071. Enhancing socio-economic status of disabled at Ahmedabad District, Maharashtra ; likely to cost Rs. 15.00 lakhs plus a corpus fund of Rs. 50.00 lakhs. Rs. 15.00 lakhs plus a corpus fund of Rs. 50.00 lakhs. 11. Smt. Rekhaben Kataria Smruti Trust, Morbi, C/o Dr. V. C. Katariya, Morbi-363 641, Rajkot, Gujarat. Purchase of equipments and providing facilities for intraoccular lens operations at Morbi, Rajkot, Gujarat ; likely to cost Rs. 21.00 lakhs. 3 [ Rs. 45.75 lakhs ] 12. Kadi Taluka Public Charitable Trust, Kadi, Station Road, Kadi (NG), Distt. Mehsana, Gujarat. Purchase of equipments, running of hospital including facilities of free medical treatment to poor patients at Kadi, Mehsana District, Gujarat ; likely to cost Rs. 75.00 lakhs plus a corpus fund of Rs. 150.00 lakhs. Rs. 75,00 lakhs plus a corpus fund of Rs. 150.00 lakhs. 13. Aswini Kumar Medical Relief Society (AMRS), 7, Lalja Complex, New Link Road, Kandivali (West), Mumbai-400 067. Purchase of medical equipments, medical vans/ambulance and expansion of OPD building at Mumbai and Thane, Maharashtra ; likely to cost Rs. 35.00 lakhs plus a corpus fund of Rs. 100.00 lakhs. Rs. 30.00 lakhs plus a corpus fund of Rs. 100.00 lakhs. 14. Shri Akhil Anjana Kelvani Mandal, Gandhinagar, Sector-7, Opposite Central Bus Station, Gandhinagar-382007. Tree plantation, construction of building and furnishing of Mahila College (Residential) at Sector-7, Gandhinagar, Gujarat; likely to cost Rs. 490.00 lakhs. Rs. 490.00 lakhs. 15. Maharshi Karve Stree Shikshan Samstha, Karvenagar, Pune-411 052. (a) Purchase of equipments and construction of building for vocational training institute ; (b) Furnishing and construction of building for hostel for school girls ; and (c) Construction of building for hostel for collage girls ; at Pune, Maharashtra ; likely to cost Rs. 298.63 lakhs. Rs. 298.63 lakhs. 2. This notification shall remain in force 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 in the said table. [No. 10657/F. No. NC-80/98] ********* Notes 1 Substituted vide NOTIFICATION No. 11556 dated 17-11-2000 before it was read as Rs. 1.24 lakhs. 2 Substituted vide NOTIFICATION NO. S.O.555(E) DATED 20-6-2001 before it was read as Rs. 21.00 lakhs. 3 Substituted vide Notification No.190/2004 dated 05-07-2004 before it was read as 2 [ Rs. 33 lakhs ] 4 Substituted vide Notification No. S.O. 246(E) dated the 15-02-2007 before it was read as Rs. 60.00 lakh 5 Substituted vide Notification Number S.O.1258(E) dated 18-05-2009 before it was read as 4 [ Rs. 105.00 lakh] 6 Substituted vide Notification No S.O. 2886(E) dated 27-12- 2011 before it was read as 5 [Rs. 150.00 lakh] 7 Substituted vide NOTIFICATION NO. 165/2015 DATED 20-7-2015 before it was read as 6 [Rs. 175.00 lakh]