NOTIFICATION NO. 79/2013
DATED 27-12-2013
S.O. 3830(E) - Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. No. 2907 (E) dated 17.11.2009, 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 8, "Sanjivani Gramin Arogya Kendras" by "Sanjivani Health and Relief Committee, C/o Dr. Pankaj R. Shah, Hari Om Flats, Nr. Chandranagar, Narayannagar Road, Paldi, Ahmedabad 383007 - Gujarat", as an eligible project or scheme for a period of three years for a period of three financial years ending with financial year 2011-12; which was further extended vide notification number S.O.1066 (E) dated 14.05.2012 ending with financial year 2014-15. And whereas the project cost is likely to enhance from ₹ 1.83 crore to ₹ 4.28 crore;
And, whereas, the National Committee for the 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 enhancing the project cost from ₹ 1.83 crore to ₹ 4.28 crore;
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 amends the said notification number S.O. No. 2907 (E) dated 17.11.2009 read with notification number S.O.1066 (E) dated 14.05.2012 , to the following effect, namely :-
In the said notification, in the Table against serial number (3), in column (4), relating to maximum amount of cost to be allowed as deduction under section 35AC, for the letters, figures and word "₹ 1.83 crore", the letters, figures and word "₹ 4.28 crore" shall be substituted.
[(F.NO.27015/3/2013-SO (NAT.COM)]