144 : Notification: 144 Date of Issue : 13/6/2003

Notification: 144 Date of Issue : 13/6/2003

Notification No : 144

Section(s) Referred : s. 35AC(b)(1)

Date of Issue : 13/6/2003

Notification No. 144 of 2003, dt. 13th June, 2003.

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 column (4) of the said Table, the maximum amount of such cost which may be allowed as deduction under the said section 35AC, namely:

TABLE

----------------------------------------------------------------------------------------------

Sl. Name of the Project or scheme and Maximum amount of cost to be

No. institution estimated cost thereof allowed as deduction under

section 35AC

----------------------------------------------------------------------------------------------

(1) (2) (3) (4)

----------------------------------------------------------------------------------------------

1. The Poona School Construction of eye Rs. 439 lakhs for

and Home for the hospital building (for assessment years

Blind Trust, 14/17, blind), intemals roads, 2004-2005, 2005-2006

Koregaon Park, Dr. site development, and 2006-2007 i.e.,

Machave Road, Furniture, air- for three years only.

Pune-411001. conditioners, medical

equipments, electrical

fittings, etc.

2. AMCHA GHAR, (a) Purchase of land, Rs. 1157.10 lakhs for

406/7, Deep Sagar (b) construction of home assessment years

Building, Light for destitute girls, 2004-2005 and 2005-2006

House Road, Uttan, (c) construction of High i.e., for two

Bhayandar, Thane, School and technical years only.

Bombay-401106. institute, and

(d) running of the project.

3. Chittaranjan Seva Running of Vocational Rs. 100.00 lakhs

Pratisthan, 5, Training Centre for (corpus fund) for

Rajkamal, Opp. economically weaker assessment years

University Campus, section of society. 2004-2005, 2005-2006

Vidyanagari Marg, and 2006-2007 i.e.,

Kalina, Mumbai- for three years only.

400098.

4. SR Trust C/o Comprehensive Women Rs. 1091.33 lakhs for

Meenakshi Mission & Child Development assessment years

Hospital and Project. 2004-2005, 2005-2006

Research Centre at and 2006-2007 i.e.,

lake Area Melur for three years only.

Road, Madurai,

Tamil Nadu-625107.

----------------------------------------------------------------------------------------------

2. This notification shall remain in force for a period of two years in relation to assessment years 2004-2005 and 2005-2006 in respect of project or scheme mentioned at serial number 2 and for a period of three years in relation to assessment years 2004-2005, 2005-2006 and 2006-2007 in respect of projects or schemes mentioned at serial numbers 1, 3 and 4 of the said Table

[F.No. NC-81/2003]