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

Income Tax - S.O.1525 (E) - Dated:- 26-4-2016 - MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION No. 42/2016 New Delhi, the 26th April, 2016 S.O.1525 (E).- Whereas by notification of the Government of India in the Ministry of Finance (Departm .....

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of equipments and welfare activities at Vadnagar, Mehsana District, Gujarat by Karuna Setu Trust, Vadnagar- 384355, Gujarat, as an eligible project or scheme for a period of three years beginning with assessment year 1999-2000, which was extended fu .....

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e years beginning with financial year 2004-2005; which was extended further vide notification number S.O. 1298(E) dated 4th June, 2008 for a period of three financial year 2007-08; which was further extended vide S.O. No. 1146 (E) dated 17.05.2010 fo .....

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e 24th October, 2002 the estimated cost was enhanced from ₹ 67.48 lakh to ₹ 142.03 lakh including a corpus fund of ₹ 50.00 lakh; vide notification number S.O.381(E) dated the 19th March 2004 the estimated cost was further enhanced f .....

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50 lakh to ₹ 282.60 lakh including corpus fund of ₹ 50 lakh; and vide notification number S.O. No. 1146 (E) dated 17.05.2010, the estimated cost was further enhanced from ₹ 282.60 lakh including corpus fund of ₹ 50 lakh to 37 .....

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ding a corpus fund of ₹ 50 lakh; And whereas the said project or scheme is likely to extend beyond eighteen years; And, whereas, the National Committee for the Promotion of Social and Economic Welfare, being satisfied that the said project or s .....

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to the funds received under Schedule VII of the 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 .....

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