Section 35AC - Eligible projects or schemes - Recurring expenses for Community Health Centre by Smt Sharda Jhatakia Memorial Trust, GONDAL - 360 311 (Gujarat) - S.O. No. 1785(E) - Income Tax

Section 35AC - Eligible projects or schemes - Recurring expenses for Community Health Centre by Smt Sharda Jhatakia Memorial Trust, GONDAL - 360 311 (Gujarat) Notification No. 58/2010 Dated: 21-7-2010 S.O. No. 1785(E).- Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 1794(E), dated 23rd October, 2007 , issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961) , the Central Government had notified at serial number 6, recurring expenses for Community Health Centre by Smt Sharda Jhatakia Memorial Trust, 17-Station Plot, Old Cement Road, GONDAL - 360 311 (Gujarat), as an eligible project or scheme for a period of three years beginning with financial year 2007-08; And whereas the said project or scheme is likely to extend beyond three 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 extending 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 "recurring expenses for Community Health Centre", is being carried out by Smt. Sharda Jhatakia Memorial Trust, 17-Station Plot, Old Cement Road, GONDAL - 360 311 (Gujarat), without any change in the approved cost of Rs. 2.58 crore including a corpus fund of Rs. 1.00 crore, as an eligible project or scheme for a further period of three financial years commencing with 2010-11 i.e 2010-11, 2011-12 2012-13. [F. No V-27015/2/2010-SO]