Explanation to section 35AC - recommendations of the National Committee for Promotion of Social and Economic Welfare - 024/2007- S.O. 1501(E) - Income Tax

Extract

Explanation to section 35AC - recommendations of the National Committee for Promotion of Social and Economic Welfare GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi , dated the 7th September, 2007 S.O. 1501(E) .- 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 , the Central Government, on the recommendations of the National Committee for Promotion of Social and Economic Welfare, hereby notifies the institutions approved by the said National Committee, mentioned in column (2) of the Table below, and approves the eligible projects or schemes specified to be carried on by the said institutions and the estimated cost thereof as mentioned in column (3) of the said Table, and also specifies in the column (4) of the Table the maximum amount of such cost which may be allowed as deduction under the said section 35AC for the period of approval, namely:- TABLE Serial Numbe r Name of the Institution Project or scheme and estimated cost thereof Maximum amount of cost to be allowed as deduction under section 35AC (1) (2) (3) (4) 1 Navsarjan Gramya Vikas Trust Dr. Shyama Prasad Mukharji Palika Bazar, Municipal Shop No. 13, Mandvi - Kutch, 370465, Gujarat. 27 Rain Water Harvesting Project [Cost ₹ 2.32 crore]. ₹ 2.32 crore cumulatively for financial years 2007-08, 2008-09 and 2009-10. 2 Hindvi Swarajya Pratistan Kile Rajgad At/p. - Chirmodi, Tal Velhe, District Pune, State Maharashtra. Rural Drinking Water hand pump project [Cost ₹ 1.40crore] ₹ 1.40 crore cumulatively for financial years 2007-08, 2008-09 and 2009-10. 3 Station Road Janakalyan Sangha C/O, R.K. Mishra, Station Road, Midnapore, Paschim Medinipur, Pin - 721 101. Agro Economic Rural Development by Shallow Tube Wells, Mini Deep Tube Wells and Drinking Water Tube Wells [Cost ₹ 1.61 crore]. ₹ 1.61 crore cumulatively for financial years 2007-08, 2008-09 and 2009-10. 4. Society for Normal Advancement of Villages New Ghoda Building, Mochiayna, Banda, U.P. Shelter for Old Aged People [Cost ₹ 1.51 crore]. ₹ 1.51 crore cumulatively for financial years 2007-08, 2008-09 and 2009-10. 5. Divya Jyot Charitable Trust At Po Rajoda, Tehsil - Bavla, District Ahmedabad, Gujarat - 382220. Women Empowerment by Self Employment Development Scheme [Cost ₹ 83.68 lakh]. ₹ 83.68 lakh cumulatively for financial years 2007-08, 2008-09 and 2009-10. 6. Vivekananda Loksiksha Niketan Village Faridpur, P.O. Dakshin Dauki, District Purba Medinipur, West Bengal - 721 464. 1. Construction of school building and running expenses primarily for children belong to the economically weaker section of the society. 2. Empowerment of Urban Slum Adolescent girls and young women. 3. Home-based women livelihood - Dry Flower project. [Total cost ₹ 1.41 crore]. ₹ 1.41 crore cumulatively for financial years 2007-08, 2008-09 and 2009-10. 7. Kantalaxmi Mohanlal Pathak Foundation 504, Dalamal Chambers, 29, New Marine Lines, Mumbai -400 022. Maharashtra. 1. Dr. Bhanuben Nanavati Hospital - CHORVAD (Rural General Hospital). 2. Medicare on Wheels (Korean Lions of 354C Mobile Medical Outreach Clinic). 3. Sight for All by 2020 AD. 4. Additional and Advance Medical Equipments, Upgradation and Natural Expansion of the Operation Theatre, Pathology Laboratory and General Utilities and Services to meet the increasing Volume of Work. [Total cost ₹ 1.17 crore]. ₹ 1.17 crore cumulatively for financial years 2007-08, 2008-09 and 2009-10. 8 Sir Syed Group of Schools DUVA - 71/1C, Diamond Harbour Road, Khidderpore, Kolkata - 700 023. 1. Construction of school building and running expenses primarily for children belong to the economically weaker section of the society. 2. Empowerment of Urban Slum Adolescent girls and young women. 3. Home-based women livelihood - Dry Flower project. [Total cost ₹ 78.82 lakh]. ₹ 78.82 lakh cumulatively for financial years 2007-08, 2008-09 and 2009-10. 9 Shree Munikul Brahmcharya Ashram Ved Sansthan Barundani, Rajasthan. Smt. Lad Devi Sharma Sanskrit Mahavidyalaya [Cost ₹ 2.36 crore]. ₹ 2.36 crore cumulatively for financial years 2007-08, 2008-09 and 2009-10. 10 Social Service Centre, No.3/271, Bharathidasan Street, Ganapathy Nagar, Vandalur, Chennai 48. Educational, Vocational, Medical, Social Economic Development of the disabled and SC Community [Cost ₹ 2.62 crore]. ₹ 2.62 crore cumulatively for financial years 2007-08, 2008-09 and 2009-10. 11 Chil Chil Asian Mission Society, Kanglatongbi -795151, Manipur . Upliftment of S.T through educational and vocational training [Cost ₹ 10 crore]. 1 [ ₹ 23.92 crore ] cumulatively for financial years 2007-08, 2008-09 and 2009-10. 12 Sri Kanchi Kamakoti Medical Trust, Sankara Eye Centre, Sathy Road, Sivanandapuram, Coimbatore - 641035, Tamilnadu. Gift of Vision, Bangalore [Cost ₹ 5.40 crore]. ₹ 5.40 crore cumulatively for financial years 2007-08, 2008-09 and 2009-10. 13 Gramin Sulabh Vikas Kendra Village Karanji, P.O.-Khatari-Khatang, Bero Block District-Ranchi, State Jharkhand - 835202. 1. Community Development S.H.G. Training Programme in Bero Block. 2. Income Generation Human Resources Development Programme in Bero Block Area. ₹ 2.92 crore cumulatively for financial years 2007-08, 2008-09 and 2009-10. 3. Rural Integrated Development in Bero Block Area. 4. Poverty Alleviation Sustainable Development Programme in Bero Block Area. 5. Migrant Girl Laborers Rehabilitation Vocational Trainings with Security Employment Programme. 6. Vocational Training Course for Adolescent Girl of age group 15-35 of Bero Block of Ranchi District. 7. Socio-Economic Reliance of Rural women. 8. Empowerment Adolescent Girls women of Bero Block of Ranchi District. 9. Women's Socio Economic Development in Bero Block of Ranchi District. 10. Improvement of socio-Economic condition of the Target Population Project. 11. AIDS/HIV Awareness control Project. 12. AIDS/HIV/STD Awareness, control Treatment project. 13. Water Management Project. 14. Generation and Promotion of Livelihood Resources for poor Vulnerable marginalized Farmers, slum, women Children Project. 15. Vocational Skill Development Training Project. 16. Establishment of counseling center for the Prevention of atrocities on women of Bero Block in Ranchi District. 17. Improvement in Socio economic condition of SC/ST/OBC/General BPL families. [Total cost ₹ 2.92 crore]. 14 NICE Society, 54, Todarmal Road, Bengali Market, New Delhi - 110001. Kumwar Shekhar Hospital Research Centre [Cost ₹ 20.00 crore]. ₹ 20.00 crore cumulatively for financial years 2007-08, 2008-09 and 2009-10, for expenditure other than for infrastructure/ buildings. II. This notification shall remain in force for a period of three years in relation to financial years mentioned at colume (4) of the table below para-I above in respect of projects or schemes mentioned in the above the said Table. [No.24/2007/F.No.NC-274/3/2007] Vijay Kumar, Director (National Committee) ******* Notes 1. Substituted vide NOTIFICATION No. S.O. 3072(E)dated 30-12-2010 before it was read as ₹ 10 crore

S.O. 3071(E) - Dated: 10-11-2015 - Income Tax - U/s. 35AC, IT ACT, 1961 - Eligible Projects or Schemes, Expenditure On – Social Service Centre, Chennai
116/2013 - Dated: 27-12-2013 - Income Tax - U/s. 35AC, IT ACT, 1961 - Eligible Projects Or Schemes, Expenditure On – Shree Munikul Brahmcharya Ashram Ved Sansthan Barundani, Rajasthan
62/2013 - S.O. 3180(E) - Dated: 17-10-2013 - Income Tax - Notification u/s 35AC - Notifies the scheme or project "Gift of Vision, Bangalore which is being carried out by Sri Kanchi Kamakoti Medical Trust, Sankara Eye Centre, Sathy Road, Sivanandapuram, Coimbatore -641035
63/2012 - Dated: 14-5-2012 - Income Tax - Notification u/s 35AC - Notifies the scheme project for infrastructure development for Educational, Vocational, Medical, Social & Economic Development of the disabled and SC Community
122/2011 - Dated: 27-12-2011 - Income Tax - U/s. 35AC, IT Act, 1961 - Eligible projects or schemes, expenditure on - "Rural Drinking Water hand pump project" - Hindvi Swarajya Pratistan, Kile Rajgad, At/p. - Chirmodi, Tal Velhe, District Pune, State Maharashtra,
16/2011 - Dated: 27-4-2011 - Income Tax - Notification Under Section 35AC in respect of Vivekananda Loksiksha Niketan, Village Faridpur, P.O. Dakshin Dauki, District Purba Medinipur
97/2010 - Dated: 30-12-2010 - Income Tax - Notification Under Section 35AC in respect of Upliftment of S.T through educational and vocational training by Chil Chil Asian Mission Society, Kanglatongbi
S.O. No. 1795(E) - Dated: 21-7-2010 - Income Tax - Section 35AC - Eligible projects or schemes - Smt. Lad Devi Sharma Sanskrit Mahavidyalaya by Shree Munikul Brahmcharya Ashram Ved Sansthan Barundani, Rajasthan
S.O. 1136(E) - Dated: 17-5-2010 - Income Tax - Section 35AC - Eligible projects or schemes - Educational, Vocational, Medical, Social & Economic Development of the disabled and SC Community by Social Service Centre, Ganapathy Nagar, Vandalur - Chennai
S.O. 1131(E) - Dated: 17-5-2010 - Income Tax - Section 35AC - Eligible projects or schemes - Gift of Vision, Bangalore" by Sri Kanchi Kamakoti Medical Trust, Sankara Eye Centre, Sathy Road, Sivanan-dapuram, Coimbatore - Tamilnadu