10632 : Notification: 10632 Date of Issue: 2/7/1998

Notification: 10632 Date of Issue: 2/7/1998

Notification: 10632

Section(s) Referred: 35AC

Statute: INCOME TAX

Date of Issue: 2/7/1998

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), the Central Government on the recommendations of the National Committee, hereby approves the institutions mentioned in column (2) of the Table below and specifies the eligible projects 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 said section 35AC.

TABLE

------- Serial Name of the Project or Scheme Maximum amount of Institutions and estimated cost cost to be allowed thereof as deduction under Section 35AC ------- (1) (2) (3) (4) ------- 1. Valluvar Gurukulam, Construction of Rs. 123.00 lakhs plus 74, G.S.T Road, building for school a corpus fund of with all facilities, Rs. 37.00 lakhs. purchase of equipments/ materials at Tambaram, Chennai; likely to cost Rs. 160.00 lakhs including a corpus fund of Rs. 37.00 lakhs.

2. Gram Nirman Kelvani Repair and construction Rs. 250.00 lakhs Mandal-Thava, of building, purchase Post: Thava, of equipments at Thava, Valia, District - Taluka:Valia,Bharuch Bharuch, Gujarat. District of Gujarat; likely to cost Rs. 250.00 lakhs.

3. Thakershy Charitable Purchase of equipments Rs. 64.00 lakhs plus Trust, and development/ a corpus fund of Behind Jai-Shefali Row updating of hospital Rs. 50.00 lakhs. Houses, Office - at Ambawadi, Ahmedabad, Satellite Road, Gujarat; likely to cost Ambawadi, Rs. 114.00 lakhs Ahmedabad-15. including a corpus fund of Rs. 50.00 lakhs.

4. Shri Navchetan Purchase of equipments Rs. 350.00 lakhs plus Education Society- furnishing, running and a corpus fund of Valia, Valia, construction of Rs. 100.00 lakhs. Bharuch, building for Shri Rang Gujarat-393135. Navchetan Mahila College at Valia, District Bharuch of Gujarat: likely to cost Rs. 450.00 lakhs.

5. The Chanasma Nagarik Running of General Rs.100.00 lakhs as sahakari Bank Ltd. Hospital and Maternity corpus fund. Medical & Social Home at Chanasma Development Trust, Gujarat;likely to cost Near Bus Stand, Rs.1,000.00 lakhs. P.O.Chanasma-384220, Distt.Patan,N,Gujarat.

6. Blind Men's Construction of Rs.160.00 lakhs plus Association building,Centre for a corpus fund of Dr.Vikram Sarabhai comprehensive Rs.50.00 lakhs. Road, Vastrapur, rehabilitation,medical Ahmedabad, and Human Resource Gujarat-380015 Development of Blind and Disabled persons at Bareja,Ahmedabad,Gujarat; likely to cost Rs.210.00 lakhs including a corpus fund of Rs.50.00 lakhs.

7. Duraisamy Generous Construction of Rs.18.30 lakhs. Social Education building for high school Association, at Vilvarayanallur, Vilvarayanallur, Madurantakam,Guntur, Pakkam Post, Andhra Pradesh;likely Madurantakam Taluk, to cost Rs.18.30 lakhs. Kancheepuram, Tamil Nadu.

8. Shri Gadhsisa Construction of Rs.18.30 lakhs. Sarvajanik primary school building Gram Vikash Mandal, for girls at Gadhsisa C/o Karamshi Pancham Village, Taluka-Mandvi- Patel,Gadhsisa,Mandvi Kutch,Gujarat;likely to Taluk,Kutch-370445, cost RS.21.64 lakhs. Gujarat.

9. Rotary Club of Salem Development of Burial Rs.22.00 lakhs. Gugai Public Burial Ground with all Ground(Gugai) facilities at Development Trust, Erumapalayam,Gugai/ 37A,East Street No.1, Salem,Tamilnadu; Karungalpatti, likely to cost Salem-636006, Rs.31.60 lakhs. Tamil Nadu.

10. Shri Apang Construction of Rs. 32.47 lakhs Abhyudaya Mandal, building for school, Sola Gandhinagar hostel and residence Highway, opp.New quarters at Village High Court-Sola, Sola, Daskroi Taluk, Ahmedabad. District Agendabad, Gujarat; likely to cost Rs. 32.47 lakhs.

11. Youth for Unity and Social service centre- Rs. 200.19 lakhs Voluntary Action cum-training complex (Yuva), 8, Ground at Khar Ghar, Mumbai; Floor, 33L, Mhatre likely to cost Building, Mugbhat Rs. 200.19 lakhs. Cross Lane, Girgaum, Mumbai-4.

12. Sarva Vidyalaya Purchase of equipments, Rs. 117.00 lakhs Kelveni Mandal-Kadi, furnishing and Sarva Vidyalaya Campus, construction of mini Kadi-382715,Distt. stadium at Kadi, Gujarat; Mehsana, Gujarat. likely to cost Rs. 117.00 lakhs.

13. Sankar Foundation, Purchase of equipments Rs. 104.51 lakhs Flat No. 38, and running of hospital D. No. 7-8-23/1(13), projects at Vishakpatnam, Maharaja Towers, Andhra Pradesh; likely Visakhapatnam-530003. to cost Rs. 104.51 lakhs.

14. National Association (a) Education of blind Rs.280.35 lakhs for the Blind, India, children in ordinary school plus a corpus 11, Khan Abdul Gaffar along with sighted fund of Khan Road, Worli children; Rs.124.00 lakhs Seaface, Mumbai-400025. (b) NAB Sir J. Duggan Braille Press, NAB Jitendra Mafatlal Mehta Computerised Braille Production Centre; (c) Prevention of blindness- Glaucoma; (d) NAB M.P.Shah All India Talking Book Centre;and (e) Services for Multi- Disabled Blind Children; at Mumbai, Maharashtra; likely to cost Rs.404.35 lakhs including a corpus fund of Rs.124.00 lakhs.

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2. This notification shall remain in force for a period of three years in relation to assessment years 1999-2000, 2000-2001 and 2001-2002 in respect of projects or schemes mentioned in the said table.