879E : Notification: S.O.879(E) Date of Issue: 30/11/1992

Notification: S.O.879(E) Date of Issue: 30/11/1992

Notification: S.O.879(E)

Section(s) Referred: 35AC ,35AC(b)

Statute: INCOME TAX

Date of Issue: 30/11/1992

In exercise of the powers conferred by 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 specifies the eligible projects and schemes and the estimated costs thereof as mentioned in columns (3) and (4) respectively of the Table below to be undertaken by the company specified in the corresponding entry in column (2) of the said Table.

TABLE ------- Sl. No. Name of the Projects or Schemes Estimated Cost company of the projects ------- 1 2 3 4 -------

1. Jindal Aluminium Ltd. (a) Construction of new Rs. 50 lakhs Regd. Office and Works : rooms/buildings for 16th K. M. Tumkur Road, village schools in 21 Bangalore-560 073. villages.

(b) Borewells, etc., for Rs. 24 lakhs drinking water in 28 villages. -------

2. This notification shall remain in force so far as the project regarding construction of new rooms/buildings for village schools in 21 villages at the estimated cost of Rs. 50 lakhs for the assessment years 1993-94 and 1994-95 and so far as the project regarding tubewells, etc., for drinking water in 28 villages at the estimated cost of Rs. 24 lakhs is concerned this notification shall remain in force only for the assessment year 1993-94.

[No. 9142/F. No. 133/339/92-TPL