16 : Notification: 16 Date of Issue : 22/1/2003
Notification No.
16
Notification Date
22/01/2003
Upload Date
22/01/2003
Notification No : 16
Section(s) Referred : s. 35AC
Date of Issue : 22/1/2003
Notification No. 16 of 2003, dt. 22nd Jan., 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 of such cost which may be allowed as deduction under the said section 35AC, namely :
TABLE
-----------------------------------------------------------------------------
sr. Name of the institution Project or scheme and Maximum amount of
No. estimated cost thereof cost to be allowed as
deduction under
section 35AC
-----------------------------------------------------------------------------
(1) (2) (3) (4)
-----------------------------------------------------------------------------
1. Siva Sakhti Sathya Sai Corpus fund for Siva Sakhti Rs. 8.00 Crores
Charitable Trust, No.3, Sathya Sai Charitable Trust. (corpus fund) for
Ponniyamman Koil Street, assessment year 2003-
Alapakkam, Chennai- 2004, 2004-2005 and
600116. 2005-2006 i.e., for
three years only.
2. Sri Simandhar Swami Construction or expansion and Rs. 228.54 lakhs for
Aradhana Trust, 5, running of Gurukul or Gyan assessment years
Mamta Park Society, Mandir and Health Care Clinic 2003-2004 and 2004-
Behind Navgujarat 2005 i.e., for two
College, Usmanpura, years only.
Ahmedabad-380014.
3. Bharatha Swamukti "BSS Microloan and Savings Rs. 124.00 lakhs for
Samstha, B-81, Industrial Project" assessment years
Estate, Rajaji Nagar, 2003-2004, 2004-2005
Bangalore-560044. and 2005-2006 i.e.,
For three years only.
4. Bhadrajun Artisan Trust, Construction of extension Rs. 6.00 lakhs for
N-19, Panchsheel Park, building and running of assessment years
New Delhi-110017. school 2003-2004, 2004-2005
and 2005-2006 i.e.,
for three years only.
5. Rural Development Integrated Tribal Develo- Rs. 176.04 lakhs for
Centre (RDC), Grace ment Project. assessment years
Bhavan, Motbung, 2003-2004, 2004-2005
Manipur-795107. and 2005-2006 i.e.
for three years only.
6. Bhansah Trust, 640-646, Integrated Rural Develop- Rs.1,275.00 lakhs for
Panchratna Mama ment Project. assessment years
Parmanand Marg, 2003-2004, 2004-2005
Mumbai-400004. and 2005-2006 i.e.,
for three years only.
7. People for Animals, 14, Maintenance of animal Rs. 490.00 lakhs
Ashoka Road, New hospitals or shelters, for assessment years
Delhi-110001. purchase of medicine, 2003-2004, 2004-2005
feed, ambulances and and 2005-2006 i.e.,
running of animal for three years only.
awareness programme
and the project.
-----------------------------------------------------------------------------
2. This notification shall remain in force for a period of two years in relation to assessment years 2003-2004 and 2004-2005 in respect of project or scheme mentioned at serial number 2 and for a period of three years in relation to assessment years 2003-2004, 2004-2005 and 2005-2006 in respect of projects or schemes mentioned at serial number 1, 3, 4, 5, 6 and 7 of the said Table.
[F No. NC-142/2002]