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Notification No.

S.O. 549(E)

Notification Date

02/07/1998

Upload Date

02/07/1998

Notification: S. O. 549(E) Date of Issue: 2/7/1998

                        

Notification: S. O. 549(E)
Section(s) Referred: s. 35AC(1)
Statute: INCOME TAX
Date of Issue: 2/7/1998
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 specified 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 a deduction under the said section 35AC.
TABLE ------- Sl. Name of the institutions Project or scheme and Maximum No. estimated cost thereof amount of cost to be allowed as deduction under section 35AC ------- (1) (2) (3) (4) ------- 1. Valluvar Gurukulam, 74, Construction of building for school Rs. 123 lakhs plus G.S.T. Road, Tambaram, with all facilities, purchase of a corpus fund of Chennai-45. equipments/materials at Rs.37 lakhs. Tambaram, Chennai; likely to cost Rs. 160 lakhs including a corpus fund of Rs. 37 lakhs.
2. Gram Nirman Kelvani, Repair and construction of building, Rs. 250 lakhs. Mandal-Thava, post: purchase of equipments at Thava, Thava, Valia, District- Taluka : Valia, Bharuch District of Gujarat: likely to cost Rs. 250 lakhs.
3. Thakershy Charitable Purchase of equipments and dev- Rs. 64 lakhs plus Trust, Behind Jai-Shefali lopment/updating of Hospital at a corpus fund of Raw, Houses, Office-Satel- Ambawadi, Ahmedabad Gujarat; Rs. 50 lakhs. lite Road, Ambawadi, likely to cost Rs. 114 lakhs Ahmedabad-15. including a corpus fund of Rs. 50 lakhs.
4. Shri Navchetan Educa- Purchase of equipments, furnish- Rs.350 lakhs plus tion Society-Valia, Valia, ing, running and construction of a corpus fund of Bharuch, Gujarat-393 135 building for Shri Rang Navchetan Rs. 100 lakhs. Mahila College at Valia, District Bharuch of Gujarat; likely to cost Rs. 450 lakhs.
5. The Chanasma Nagarik Running of General Hospital and Rs. 100 lakhs as Sahakari Bank Ltd., Medi- Maternity Home at Chanasma, corpus fund. cal and Social Develop- Gujarat; likely to cost Rs. 1,000 ment Trust, Near Bus lakhs. Stand, P. O. Chanasma- 384 220, Distt. Patan, Gujarat.
6. Blind Men's Association, Construction of building, Centre Rs. 160 lakhs plus Dr. Vikram Sarabhai Road, for comprehensive rehabilitation, a corpus fund of Vastrapur, Ahmedabad, medical and Human Resource Rs. 50 lakhs. Gujarat-380 015. Development of Blind and Dis- abled persons at Bareja, Ahmedabad, Gujarat; likely to cost Rs. 210 lakhs including a corpus fund of Rs. 50 lakhs.
7. Duraisamy Generous Construction of building for high Rs. 18.30 lakhs. Social Education Associa- school at Vilvarayanallur, tion, Vilvarayanallur, Madurantakam, Guntur, Andhra Pakkam Post, Maduran- Pradesh; likely to cost Rs. 18.30 takam Taluk, Kanchee- lakhs. puram, Tamil Nadu.
8. Shri Gadhsisa Sarvajanik Construction of primary school Rs. 18.30 lakhs. Gram Vikash Mandal, building for girls at Gadhsisa C/o. Karamshi Pancham Village, Taluka-Mandvi-Kutch, Patel Gadhsisa, Mandvi Gujarat; likely to cost Rs. 21.64 Taluk, Kutch-370 445, lakhs. Gujarat.
9. Rotary club of Salem Gugai Development of Burial Ground Rs. 22 lakhs. Public Burial Ground (Gugai) with all facilities at Eruma- Development Trust, 37A, palayam, Gugai/Salem, Tamil East Street No. 1, Karungal- Nadu; likely to cost Rs. 31.60 patti, Salem-636 006, Tamil lakhs. Nadu.
10. Shri Apang Abhyudaya Construction of building for Rs. 32.47 lakhs. Mandal, Sola Gandhinagar school, hsotel and residence Highway, Opp. New High quarters at Village Sola, Daskori Court-Sola, Ahmedabad. Taluk, district Ahmedabad, Gujarat; likely to cost Rs. 32.47 lakhs.
11. Youth for Unity and Volunt- Social Service Centre-cum- Rs. 200.19 lakhs. ary Action (Yuva), 8, Ground training complex at Khar Ghar, Flour, 33L, Mhatre Building, Mumbai; likely to cost Rs. Mugbhat Cross Lane, 200.19 lakhs. Girgaum, Mumbai-4.
12. Sarva Vidyalaya Kelvani Purchase of equipments, fur- Rs. 117 lakhs. Mandal-Kadi, Sarva Vidya- nishing and construction of mini laya Campus, Kadi-382 715, stadium at Kadi, Gujarat; likely Distt. Mehsana, Gujarat. to cost Rs. 117 lakhs.
13. Sankar Foundation, Flat No. Purchase of equipments and Rs. 104.51 lakhs. 38, D. No. 7-8-23/1(13), running of hospital projects at Maharaja Towers, Visakhapatnam, Andhra Pradesh; Viskhapatnam-530 003. likely to cost Rs. 104.51 lakhs.
14. National Association for the (a) Education of blind children Rs. 280.35 lakhs Blind, India, 11, Khan Abdul in ordinary school along with plus a corpus fund Gaffar Khan Road, Worli sighted children; of Rs. 124 lakhs. Seaface, Mumbai-400 025. (b) NAB Sir J. Duggan Braille Press, NAB Jitendra Mafatlal Mehta Computerised Braille Production Centre; (c) Prevention of blindness- Glaucoma; (d) NAB M.P. Shah All India Talking Book Centre; and (e) Services for Multi-Disabled Blind Children; at Mumbai, Maharashtra; likely to cost Rs. 404.35 lakhs including a corpus fund of Rs. 124 lakhs. -------
2. This notification shall remain in force for a period of three years in relation to the assessment years 1999-2000, 2000-2001 and 2001-2002 in respect of projects or schemes mentioned in the said table.
[No. 10632/F. No. NC-50/98]