Exemption u/s 35AC - of the Income-tax Act, 1961, the Central Government had specified for Childline India Foundation by Childline India Foundation as an eligible project or scheme - 015/2007 [F.No. NC-274/03/2007] - Income Tax

Exemption u/s 35AC - of the Income-tax Act, 1961, the Central Government had specified for Childline India Foundation by Childline India Foundation as an eligible project or scheme Notification No. 15/2007 [F.No. NC-274/03/2007], dated 16-7-2007 1159(E) - Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 81(E) dated the 24th January, 2005, 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 Childline India Foundation by Childline India Foundation, 2nd Floor, Nanachowk Municipal School, Frere Bridge Low Level, Near Grant Road Station, Mumbai-400 007, as an eligible project or scheme for a period of three years beginning with financial year 2004-05; 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 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 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 Childline India Foundation, which is being carried out by Childline India Foundation, 2nd Floor, Nanachowk Municipal School, Frere Bridge Low Level, Near Grant Road Station, Mumbai-400 007, without any change in the approved cost of ₹ 2,66,00,000, as an eligible project or scheme for a further period of three years beginning with financial year 2007-08.