NOTIFICATION NO. S.O. 2401(E) [NO. 73/2012 (F. NO. V.27015/3/2012-SO (NAT.COM))], DATED 9-10-2012

SECTION 35AC, READ WITH EXPLANATION (b) THERETO OF THE INCOME-TAX ACT, 1961 – ELIGIBLE PROJECTS OR SCHEMES, EXPENDITURE ON – NOTIFIED ELIGIBLE PROJECTS OR SCHEMES – AROH FOUNDATION, NEW DELHI

NOTIFICATION NO. S.O. 2401(E) [NO. 73/2012 (F. NO. V.27015/3/2012-SO (NAT.COM))]DATED 9-10-2012

Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 2545(E) dated 6th October, 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, “Expansion of existing Udaan Institute for vocational studies” by Aroh Foundation, 338, Than Singh Nagar, St. No. l, Military Road, Anand Parbat, New Delhi -110005, as an eligible project or scheme for a period of three years beginning with financial year 2009-10;

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 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 “Expansion of existing Udaan Institute for vocational studies” which is being carried out by Aroh Foundation, 338, Than Singh Nagar, St. No.l, Military Road, Anand Parbat, New Delhi -110005, without any change in the approved cost of Rs. 6.75 crore, as an eligible project or scheme for a further period of three years commencing with the financial year 2012-13 i.e. 2012-13, 2013-14 & 2014-15.

Leave a comment