SECTION 35AC, READ WITH EXPLANATION (b) THERETO, OF THE INCOME-TAX ACT, 1961 – ELIGIBLE PROJECTS OR SCHEMES, EXPENDITURE ON – NOTIFIED ELIGIBLE PROJECTS OR SCHEMES – DECEASED BHAVSAR DEVCHANDBHAI MULJIBHAI TALAJIYA & DECEASED KHAMALAXMI DEVCHANDBHAI TALAJIYA ANKUR SPECIAL SCHOOL FOR MENTALLY RETARDED CHILDREN, BHAVNAGAR

NOTIFICATION NO. 17/2014 [F.NO.V.27015/1/2014-SO(NAT.COM)]/SO 1940(E), DATED 31-7-2014

Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 1794(E) dated 23.10.2007 issued under 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 4, “”ANKUR” Special School for Mentally Retarded Children” by “Deceased Bhavsar Devchandbhai Muljibhai Talajiya & Deceased Khamalaxmi Devchandbhai Talajiya ANKUR Special School for Mentally Retarded Children. Plot No. 1945, Near Working Women’s Hostel, Sardarnagar Circle, Bhavnagar – 364002”, as an eligible project or scheme, at the estimated cost of Rs. 120 lakh, for a period of three years ending with financial year 2009-10, and which was further extended vide Notification No. S.O. 1793(E) dated 21.7.2010 for a period of three years ending with financial year 2012-13;

And whereas the said project or scheme is likely to extend beyond 6 years;

And whereas vide notification number S.O. 1793(E) dated 21.7.2010, the project cost was enhanced from Rs. 120 lakh to Rs. 1.75 crore including corpus fund of Rs.1.60 crore by amending notification number S.O. 1794(E) dated 23.10.2007;

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 “”ANKUR” Special School for Mentally Retarded Children”, which is being carried out by “Deceased Bhavsar Devchandbhai Muljibhai Talajiya & Deceased Khamalaxmi Devchandbhai Talajiya ANKUR Special School for Mentally Retarded Children. Plot No. 1945, Near Working Women’s Hostel, Sardarnagar Circle, Bhavnagar – 364002”, without any change in the approved cost of Rs. 1.75 crore including corpus fund of Rs.1.60 crore, for a further period of three years commencing with financial year 2013-14, i.e., 2013-14, 2014-15 and 2015-16 but with the direction that as the financial year 2013-14 has already elapsed, no certificate under Section 35AC (1) of the IT Act, 1961 shall be issued for the said financial year 2013-14.