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Notification No.

850(E)

Notification Date

21/09/2000

Upload Date

21/09/2000

Notification: 850(E) Date of Issue: 21/9/2000

                        

Notification: 850(E)
Section(s) Referred: s. 35AC(1)(b)
Statute: INCOME TAX
Date of Issue: 21/9/2000
In exercise of the powers conferred by sub-section (1) read with clause (b) to 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 the said section 35AC, namely :---
TABLE -------- Serial Name of the institutions Project or scheme and estimated Maximum No. cost thereof. amount of cost to be allowed as deduction under section 35AC -------- (1) (2) (3) (4) -------- 1. The Gujarat Cancer Society, Project for free treatment for Rs. 611 lakhs New Civil Hospital Campus, cancer patients at New Civil Asarwa, Ahmedabad-380 Hospital Campus, Asarwa, 016, Gujarat. Ahmedabad-380 016, Gujarat ; likely to cost Rs. 611 lakhs
2. Sundaram Medical Founda- Purchase of vans, wheel chair, Rs. 120 lakhs tion, 21, Patullos Road, stretcher, projector, TV/ Chennai-600 002. VCR, camera, computer, colour printer, office equipments, furnishing and running of Can-Stop project at Chennai ; likely to cost Rs. 120 lakhs.
3. Bhavnagar Vruddhashram Construction of building, pur- Rs. 550 lakhs Trust, Plot No. 1260/61, chase of equipments, fur- (including a Ghogha Circle, Vruddhash- nishing/fixtures and run- corpus fund ram (Jeeva Sandhya Sushru- ning of Vruddhashram (Jee- of Rs. 125 sha, Dham), Krishnanagar, van, Sandhya Sushrusha lakhs). Bhavnagar-1, Gujarat. Dham), Bhavnagar, Gujarat; likely to cost Rs. 600 lakhs including a corpus fund of Rs. 125 lakhs
4. Dharti Social and Rural Construction of village link Rs. 6.77 Development Society, jag- road (length : 16 kms.) from lakhs dish Singh Campus, Chan- Nimi Chitto Road via Salgo dra Niwas, Matwari, Hazari- Lame to Basal at Patratu bagh (Bihar) Block, Hazaribagh, Bihar; likely to cost Rs. 135.48 lakhs
5. Watershed Organisation Running of activities for pro- Rs.300 lakhs Trust (WOTR), Paryavaran, motion of watershed deve- (corpus Behind Market Yard, Ahmed- lopment in rain-fed areas in fund). nagar-414 001, Maharashtra. Maharashtra State ; likely to cost Rs. 350 lakhs (corpus fund).
6. Dr. J. C. Patel Medical Purchase of equipments and Rs. 1209 Research. Foundation, C/o. running of hospital at Mum- lakhs Dr. B.C. Mehta, 3A, Vivina bai : likely to cost Rs. 1511 Building, Super Shopping lakhs. Centre, S. V. Road, Andheri (West), Mumbai-400 056.
7. Dr. Reddy's Foundation for (a) Child and police project ; Rs. 591.66 Human and Social Develop- (b) Training of Micro Enter- lakhs ment, 401, Bakul Apart- preneurs in Sanitation ; ments, 7-1-78/1, Dharam (c) Micro Credit Programme Karam Road, Ameerpet, with Share at Andhra Hyderabad-500 016. Pradesh ; likely to cost Rs. 591.66 lakhs
8. Shree Pragati Foundation, Construction of 150 beded hos- Rs. 346 Janki Niwas, Ganesh Gawde pital building (Matushri lakhs. Road, Mulund (W), Mumbai- Hira Mongi Hospital) con- 400 080. sisting of basement, ground, two upper and third floor (appox. 65,000 sq. ft.) at village Mulund (West), Mumbai ; likely to cost Rs. 346 lakhs
9. R. R. Foundation, 72, MIDC, Construction of school building Rs. 99 lakhs Marol Industrial Area, Cross at Chakan, Pune, Maharash Road "C", Andheri (E), tra ; likely to cost Rs. 106 Mumbai-400 093. lakhs.
10. Bochasanwasi Shri Akshar Purchase of equipments, instru- Rs. 202 lakhs Purushottam Public Charita- ments, office and hospital (including a ble Trust, Accounts Depart- furniture and running of corpus fund ment Dharam Sadan, Shri Pramukh Swami Hospital at of Rs. 100 Swaminarayan Mandir Sha- Dabhoi, Baroda District, lakhs) hibaug Road, Ahmedabad- Gujarat : likely to cost 380 004. Rs. 202 lakhs (including a corpus fund of Rs. 100 lakhs)
11. Smt.Kamla Mehta Dadar Construction of building for Rs. 100 lakhs School for the Blind, 160, hostel for visually impaired (including a Dadasaheb Phalke Road, college students and work- corpus fund Mumbai-400 014. ing women and running of of Rs. 30 school for visually impaired lakhs) girls at Dadar, Mumbai ; likely to cost Rs. 100 lakhs (including a corpus fund of Rs. 30 lakhs) --------
2. This notification shall remain in force for a period of three years in relation to assessment years 2001-2002, 2002-2003 and 2003-2004 in respect of projects or schemes mentioned in the Table. [No. 11490/F. No. NC-73/2000]