258E- : Notification: 258(E) Date of Issue: 22/3/2001

Notification: 258(E) Date of Issue: 22/3/2001

Notification: 258(E)

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

Statute: INCOME TAX

Date of Issue: 22/3/2001

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 -------- Maximu

Sl. Name of the institution Project or scheme and amount of cost to No. estimated cost thereof be allowed as deduction under section 35AC -------- (1) (2) (3) (4) -------- 1. Sushrut Research and Medi- Construction of building, pur- Rs. 3,509.91 cal Centre, Behind Nova chase of equipment, com- lakhs Village, Sarkhej-Gandhi- puters, vehicles, furnishing, nagar Highway, 224, preliminary and preopera- Bodakdev, Tal. Daskroi, tive expenses of hospital at District Ahmedabad (Guja- District Ahmedabad, Guja- rat). rat, likely to cost Rs. 3,723 lakhs.

2. The Tirupur Improvement Traffic improvement scheme Rs. 53.39 lakhs Trust, 33, M. P. Nagar, for Tirupur Town at 16 Tirupur-641 607. places in Tirupur Town, Tamil Nadu, likely to cost Rs. 56 lakhs.

3. Prompt Care International Kidney Care Project at Mumbai Rs. 700 lakhs Foundation, 8/203, 204, and surrounding places, (corpus fund) Liliyanagar, Off. S. V. likely to cost Rs. 700 lakhs Road, Near Kamath Club, (corpus fund). Goregaon (West), Mum- bai-400 062.

4. Sri Aurobindo Education Construction of 50 primary Rs. 389 lakhs Society, Sri Aurobindo schools in cyclone devas- Ashram-Delhi Branch, Sri- tated Orissa, likely to cost Aurobindo Marg, New Rs. 389 lakhs. Delhi-110 016.

5. Jamnalal Bajaj Foundation, Rural Development Project at Rs. 13.86 lakhs Bajaj Bhavan, 2nd Floor, Wardha (Maharashtra), 226, J. L. Bajaj Marg, Nar- Gola and Shikohabad (Uttar iman Point, Mumbai-400 Pradesh), likely to cost 021. Rs. 13.86 lakhs.

6. Krishi Gram Vikas Kendra (K. (a) Construction of building for Rs. 196.08 lakhs G. V. K.), P. O. Neori Vikas, Administrative Block, Aca- Ormanjhi, Ranchi, Rukka, demic Block, residence, pur- Bihar, Pin- 835 217. chase of books, equipments, furnishing and running of Krishi Gram Vikas Kendra Research and Training Institute for Self Help Group formed by rural poor living below poverty line and (b) Setting up of six bedded sterilization ward with operation theatre, purchase of Mobile Van (Ambulance) and running of project for promotion of small family norms and population control at Dist- rict Ranchi, Bihar, likely to cost Rs. 196.08 lakhs.

7. Muni Seva Ashram, Goraj-391 Construction of building, fur- Rs. 2,118.67 760, Tal, Vaghodia, Dis- nishing, purchase of equip- lakhs trict Vadodara, Gujarat. ments, water works of Kailas Cancer Hospital and Research Centre at District Vadodara, Gujarat, likely to cost Rs. 8,924.79 lakhs.

8. The Lepra India Trust, 4-Jai- Setting up a rehabilitation Rs. 213.77 lakhs pur Estate, Nizamuddin centre for Leprosy affected East, New Delhi-110 013. youth and purchase of fur- niture, equipments, wheel chair, appliances, tools and vehicles at Delhi, likely to cost Rs. 248 lakhs.

2. This notification shall remain in force for a period of one year in relation to the assessment year 2001-2002 in respect of project mentioned at serial number 5 and for a period of three years in re lation to the assessment years 2001-2002, 2002-2003 and 2003-2004 in respect of projects mentioned at serial numbers 1, 2, 3, 4, 6, 7 and 8.

[No. 80/2001/F. No. NC-123/2000]