Exemption u/s 35AC - Central Government had specified for Running of Health Camps at rural areas of all districts of Tamilnadu, of Singhvi Charitable Trust, Chennai, as an eligible project or scheme - S. O. 321(E) - Income Tax

Exemption u/s 35AC - Central Government had specified for Running of Health Camps at rural areas of all districts of Tamilnadu, of Singhvi Charitable Trust, Chennai, as an eligible project or scheme NOTIFICATION NO. S. O. 321 ( E ) DATED 11-5-1999 Whereas by notification of the Government of India in the Ministry of Finance No. S.O. 206(E), dated 17th March, 1997, issued under 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 had specified at serial number 9---Running of Health Camps at rural areas of all districts of Tamilnadu, of Singhvi Charitable Trust, 11, Ponnappa Lane, Triplicane, Chennai-600 005, as an eligible project or scheme for a period of three years beginning with the assessment year 1997-98: And whereas the said project or scheme is likely to extend beyond three 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 three years and amending the project cost from Rs. 147 lakhs to Rs. 201 lakhs: Now, therefore, the Central Government, 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), hereby specifies the project or scheme of Running of Health Camps at rural areas of all districts of Tamilnadu, which are being carried out by Singhvi Charitable Trust, 11, Ponnappa Lane, Triplicane, Chennai-600 005, at the estimated cost of rupees two crore one lakh only as an eligible project or scheme for a further period of three assessment years commencing from the assessment year 2000-2001. [No. 10917/F. No. NC-39/99]