Section 35AC - Eligible projects or schemes - Providing free food and anti-Cancer drugs to poor cancer patients in General Wards of Cancer Institute at Chennai, Tamilnadu by the Cancer Institute (WIA) Trust - S.O. 1142(E) - Income Tax

Section 35AC - Eligible projects or schemes - Providing free food and anti-Cancer drugs to poor cancer patients in General Wards of Cancer Institute at Chennai, Tamilnadu by the Cancer Institute (WIA) Trust Notification No. 41/2010 Dated: 17-5-2010 S.O. 1142(E):- Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue), number S.O. 96(E), dated the 11th February, 1999, 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, for providing free food and anti-Cancer drugs to poor cancer patients in General Wards of Cancer Institute at Chennai, Tamilnadu by the Cancer Institute (WIA) Trust, East Canal Bank Road, Gandhi Nagar, Adyar, Chennai-600020, as an eligible project or scheme for a period of three years beginning with assessment year 1999-2000 which was extended further vide notification number S.O. 920(E), dated the 20th September, 2001 for a period of three years beginning with assessment year 2002-03 which was extended further vide notification number S.O. 130(E), dated the 2nd February, 2005 for a period of three years beginning with financial year 2004-05 and which was extended further vide notification number S.O. 470(E), dated the 29th March, 2007 for a period of three years beginning with financial year 2007-08; Whereas by notification number S.O. 841(E), dated the 25th March, 2009, the estimated cost was enhanced from Rs. 6.50 crore as corpus fund to Rs. 9.40 crore as corpus fund; And whereas the said project or scheme is likely to extend beyond twelve years; And whereas the National Committee for Promotion of Social and Economic Welfare, 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 speci fying the said project or scheme for a further period of three years; 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 scheme or project for providing free food and anti-Cancer drugs to poor cancer patients in General Wards of Cancer Institute at Chennai, Tamilnadu which is being carried out by The Cancer Institute (WIA) Trust, East Canal Bank Road, Gandhi Nagar, Adyar, Chennai-600020, without any change in the approved cost of Rs. 9.40 crore as corpus fund only, as an eligible project or scheme for a further period of three years beginning with financial year 2010-11 i.e., 2010-11, 2011-12 and 2012-13. [F. No. V -27015/1/2010-so]