S.O. 425(E) : Notification: S. O. 425(E) Date of Issue: 19/5/1998

Notification: S. O. 425(E) Date of Issue: 19/5/1998

Notification: S. O. 425(E)

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

Statute: INCOME TAX

Date of Issue: 19/5/1998

Whereas by Notification Number S. O. 206(E), dated 17th March, 1997, issued under 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 had specified at serial number 23, Rural Mobile Clinic of Hindu Mission Hospital---A Rural Outreach programme at rural villages around Tambaram, Tamil Nadu of Hindu Mission Hospital, 36, G. S. T. Road, Tambaram West, Chennai, Tamil Nadu-600 045 as an eligible project or scheme for a period of two years beginning with the assessment year 1997-98;

And whereas the said project or scheme is likely to extend beyond two years;

And whereas the National Committee, being satisfied that the said project or scheme is being executed properly, made a further recommendation under sub-rule (5) of rule 11M of the Income-tax Rules, 1962, for specifying the said project or scheme for a further period of three years;

Now, therefore, the Central Government, 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), hereby specifies the scheme or project of Rural Mobile Clinic of Hindu Mission Hospital---A Rural Outreach programme at rural villages around Tambaram, Tamil Nadu of Hindu Mission Hospital, 36, G. S. T. Road, Tambaram West, Chennai, Tamil Nadu-600 045 at the estimated cost of rupees thirty lakhs only as an eligible project or scheme for a further period of three assessment years commencing from the assessment year 1999-2000.

[No. 10602/F. No. NC-29/98]