S.O. 435(E) : Notification: S. O. 435(E) Date of Issue: 20/5/1998

Notification: S. O. 435(E) Date of Issue: 20/5/1998

Notification: S. O. 435(E)

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

Statute: INCOME TAX

Date of Issue: 20/5/1998

Whereas by Notification Number S. O. 521(E), dated 14th July, 1994, 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 7---(a) Free Eye Camps at local villages of Saurashtra and Gujarat; (b) Mobile Services and Health Education surrounding Virnagar, Rajkot District of Gujarat; (c) Hostel for ladies at Virnagar; and (d) Construction of low cost latrines in 15 villages of Rajkot of Shivanand Mission, Saurashtra Central Group of hospitals, Virnagar-360 060, District Rajkot, Gujarat, as an eligible project or scheme for a period of two years beginning with the assessment year 1995-96 which was extended for a period of two more years, i.e., assessment years 1997-98 and 1998-99, vide S. O. No. 414(E), dated 7th June, 1996;

And whereas the said project or scheme is likely to extend beyond four 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---(a) Free Eye Camps at local villages of Saurashtra and Gujarat; (b) Mobile Services and Health Education surrounding Virnagar, Rajkot District of Gujarat; (c) Hostel for ladies at Virnagar; and (d) Construction of low cost latrines in 15 villages of Rajkot of Shivanand Mission, Saurashtra Central Group of hospitals, Virnagar-360 060, District Rajkot, Gujarat, at the estimated cost of rupees one hundred thirty-six lakhs only as an eligible project or scheme for a further period of three assessment years commencing from the assessment years 1999-2000.

[No. 10611/F. No. NC-29/98]