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U/s. 35AC, IT ACT, 1961 - Eligible Projects or Schemes, Expenditure On - Karuna Trust, Ahmedabad

Income Tax - S.O.1511 (E) - Dated:- 26-4-2016 - MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION No.28/2016 New Delhi, the 26th April, 2016 S.O.1511 (E).- Whereas by notification of the Government of India in the Ministry of Finance (Departme .....

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eration camps, oxygen cylinder seva and ambulance service all over Gujarat by Karuna Trust, 22, Gautam Nagar, Near Naranpura-Railway Crossing, Ahmedabad-13 , as an eligible project or scheme for a period of three years beginning with assessment year .....

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June, 2001 for a period of three years beginning with assessment year 2002-2003; which was extended further vide notification number S.O.143(E) dated the 2nd February, 2005 for a period of three years beginning with financial year 2004-2005; which wa .....

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years ending with financial year 2015-16; And whereas by notification number S.O.539(E) dated the 20th June, 2001 the estimated cost was enhanced from ₹ 94.00 lakh to ₹ 128.00 lakh; vide notification number S.O.1307(E) dated 4th June, 20 .....

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umber S.O 472(E) dated 11.2.2015 the estimated cost was enhanced from ₹ 200 lakh to ₹ 470 lakh including a corpus fund of ₹ 270 lakh; And whereas the said project or scheme is likely to extend beyond 18 years; And whereas the projec .....

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ng 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 and for e .....

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e Section 135 of the Companies Act and Companies (CSR) Rules 2014; 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 .....

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