TMI BlogExemption u/s 35AC - Central Govt. Approved various Institutions as an eligible project or schemeX X X X Extracts X X X X X X X X Extracts X X X X ..... ects or schemes and the estimated cost thereof as mentioned in column (3) of the said Table and also specifies in the column (4) of the said Table, the maximum amount of such cost which may be allowed as deduction under the said section 35AC, of Income-tax Act, 1961, namely:- TABLE Serial Number 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. Shri Hanumant Seva Medicare Trust, 13, Sarvodaya Society, Mahuva-364290. Con ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 6 i.e; for three years only. 4. Social Welfare of India Organisation, H.No. 143, Vidhata Nagar, Bhatindee Road, Nerwal, Post office Sainik Colony, Jammu (J K) Non-formal education to SC/ST/Minorities economically weaker sections of the society. Rs.305.00 lakhs for Financial Years 2003-04, 2004-05 and 2005-06 i.e; for three years only. The committee approved the project partially for 100 educational centers as against 1000 centers. 5. Institute for Education, training Rehabilitation of Mentally Retarded Children Trust, Sadana, Voc Nagar, TB Sanatorium, PO Vellore, Tamilandu-632 001 Construction of Hostel and cot ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... )-211006. Family Welfare immunization programme ₹ 3.00 crores (cost of proposed work in four blocks) for Financial Years 2003-04, 2004-05 and 2005-06 i.e; for three years only. 10. H.B.S. Trust, (Human Benefits Services Trust) 21-C, First Floor, Ratanada, Jodhpur-342001 (Rajasthan) Establishment and running of the school and hospital. ₹ 937.74 lakhs (including a corpus fund of ₹ 500.00 lakhs) for Financial Years 2003-04, 2004-05 and 2005-06 i.e; for three years only subject to the condition that (a) the Trust should display public notices in prominent places that the benefits provided to persons from economically weake ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ust should be asked to give a certificate from a Chartered Accountant certifying that the expenditure has been genuinely incurred on the project approved u/s 35AC by the National Committee. 2. This notification shall remain in force for a period of two years in relation to financial years 2003-2004 and 2004-2005 in respect of project or scheme mentioned at serial number 7 and for a period of three years in relation to financial years 2003-2004, 2004-2005 and 2005-2006 in respect of project or schemes mentioned at serial numbers 1,2,3,4,5,6,8,9,10,11, and 12 of the said Table. File No.NC-395/2003 - Notification Tax Management India - taxm ..... X X X X Extracts X X X X X X X X Extracts X X X X
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