Exemption u/s 35AC - Central Government had specified for Research and Rehabilitation Centre for the deaf by Delhi Association of the deaf, 92, Kamla Market, New Delhi, as an eligible project or scheme - 153/2005- S.O. 717(E) - - Income Tax

Exemption u/s 35AC - Central Government had specified for Research and Rehabilitation Centre for the deaf by Delhi Association of the deaf, 92, Kamla Market, New Delhi, as an eligible project or scheme NOTIFICATION No. 153/2005, Dated 25-5-2005 S.O. 717(E) - Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.878(E) dated the 30 th November, 1992, 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 4, for Research and Rehabilitation Centre for the deaf by Delhi Association of the deaf, 92, Kamla Market, New Delhi, as an eligible project or scheme for a period of three years beginning with assessment year 1993-1994 which was extended further vide notification number S.O.404(E) dated the 3 rd May, 1995 for a period of three years beginning with assessment year 1996-1997 which was extended further vide notification number S.O.437(E) dated the 20 th May, 1998 for a period of three years beginning with assessment year 1999-2000 and which was extended further vide notification number S.O.1049(E) dated the 18 th October, 2001 for a period of three years beginning with assessment year 2002-2003; 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 specifying the said project or scheme for a further period of three years; Now, therefore, the Central Government, in exercise of the powers conferred by subsection (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 Research and Rehabilitation Centre for the deaf, which is being carried out by Delhi Association of the deaf, 92, Kamla Market, New Delhi, without any change in the approved cost i.e. Rs. one crore, as an eligible project or scheme for a further period of three years commencing from the financial year 2004-2005. [F.No. NC-270/11/2005]