Exemption u/s 35AC - Central Government notified " Renovation of building equipments and furnishing of Cancer Detection Unit and Cancer Awareness, Education and Detection Camps; at Mumbai, Maharashtra" as an eligible project or scheme.
NOTIFICATION
New Delhi, the 21st January, 2009
S.O.246(E).- Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue ) number S.O.180(E) dated the 10th 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 notified at serial number 6, "(a) Renovation of building equipments and furnishing of Cancer Detection Unit at Mumbai Maharashtra; and (b) Cancer Awareness, Education and Detection Camps; at Ahmednagar, Nanded, Buldana, Parbhani, Akola Amravati, Yavatmal, Jalgaon, Dhule, Beed and Mumbai, Maharashtra" by Cancer Patients Aid Association, 5, Malhotra House, Fort, Mumbai-400001, as an eligible project or scheme for a period of three years beginning with assessment year, 1997-1998, which was extended further vide notification number S.O. 638(E) dated the 5th July, 2000 for a period of three years beginning with assessment year, 2000-2001, which was extended further vide notification number S.O. 1280(E) dated the 9th January, 2002 for a period of three years beginning with assessment year 2003-2004 and which was extended further vide notification number S.O.148(E) dated the 3rd February, 2006 for a period of three years beginning with financial year 2005-2006;
And whereas the said project or scheme is likely to extend beyond twelve years;
And whereas, the National Committee for Promotion of Social and Economic Welfare, 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 extending 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 notifies the scheme or project "(a) Renovation of building equipments and furnishing of Cancer Detection Unit at Mumbai Maharashtra; and (b) Cancer Awareness, Education and Detection Camps; at Ahmednagar, Nanded, Buldana, Parbhani, Akola Amravati, Yavatmal, Jalgaon, Dhule, Beed and Mumbai, Maharashtra" being carried by Cancer Patients Aid Association, 5, Malhotra House, Fort, Mumbai-400001, without any change in the approved cost of Rs. 365.67 lakh, as an eligible, project or scheme for a further period of three years beginning with financial year,2008-2009 i.e. 2008-2009,2009- 2010 and 2010-2011.
[No.17/2009/F. No. NC-274/17/2008]
NAVEEN CHANDRA, Director (National Committee)