NOTIFICATION NO. 87/2013
DATED 27-12-2013
S.O. 3838(E) - Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 2349(E) dated 28-9-2010, 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 8, "For Extension & support of present activities i.e., to extend the classes for deaf students" by "Khimchand Laxmichand Deaf & Dumb School Trust, 51, Vidyanagar, Bhavnagar-364002, Gujarat", at the estimated cost of ₹ 540 lakh including a corpus fund of ₹ 337 lakh, 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 "For Extension & support of present activities i.e., to extend the classes for deaf students" which is being carried out by "Khimchand Laxmichand Deaf & Dumb School Trust, 51, Vidyanagar, Bhavnagar -364002, Gujarat", without any change in the approved cost of ₹ 540 lakh including a corpus fund of ₹ 337 lakh, 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.