NOTIFICATION NO. 86/2013

DATED 27-12-2013

S.O. 3837(E) - Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 3021(E) dated 23.12.2010, 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 29 "Rural Youth Empowerment Program" by "Pragya Chaitanya Foundation Trust, D-847, 48/11, Shri Phal Apartments, Shaeed Amit Bharadwaj Marg, Malviya Nagar, Jaipur 302017.", at the estimated cost of ₹ 5.89 crore, as an eligible project or scheme for a period of three years beginning with financial year 2010-11.

And whereas the said project or scheme is likely to extend beyond three 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 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 notifies the scheme or project "Rural Youth Empowerment Program", which is being carried out by "Pragya Chaitanya Foundation Trust, D-847, 48/11, Shri Phal Apartments, Shaeed Amit Bharadwaj Marg, Malviya Nagar, Jaipur-302017", without any change in the approved cost of ₹ 5.89 crore, as an eligible project or scheme for a further period of three years beginning with financial years, 2013-14, i.e., 2013-14, 2014-15, and 2015-16.

[(F.NO.27015/3/2013-SO (NAT.COM)]