NOTIFICATION
INCOME-TAX ACT
Section 35AC, sub-section (1) read with Explanation (b) thereto, of the Income-tax Act, 1961 - Eligible projects or schemes, expenditure on - Notified eligible projects or schemes
NOTIFICATION NO. 58/2009 [F. NO. NC-274/10/2009]/SO 1250(E), DATED 18-5-2009
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), the Central Government, on the recommendations of the National Committee for Promotion of Social and Economic Welfare, hereby notifies the institutions approved by the said National Committee, mentioned in column (2) of the Table below, and approves the eligible projects or schemes specified to be carried on by the said institutions and the estimated cost thereof as mentioned in column (3) of the said Table, and also specifies in the column (4) of the Table the maximum amount of such cost which may be allowed as deduction under the said section 35AC for the period of approval, namely :—
TABLE
|
Sl.
No.
|
Name of the Institution
|
Project or scheme and
estimated cost thereof
|
Maximum amount of cost
to be allowed as
deduction under section
35AC
|
|
(1)
|
(2)
|
(3)
|
(4)
|
|
1.
|
Society to Uplift Rural
Economy (SURE),
Gurudwara Road,
District Barmer,
Rajasthan-344001
|
Integrated rural
development project
[Cost Rs. 17.05 crore]
|
Rs. 5.50 crore for only
three projects namely :—
(i) School and vocational
training centre for people
with disability—Barmer
(ii) IGP craft centre
Jaisalmer and (iii) IGP
Barmer for three financial
years commencing with
2009-2010 i.e., 2009-2010,
2010-2011 and
2011-2012
|
|
2.
|
Gian Sagar Educational
and Charitable Trust,
G-1441, Phase-9,
S.A.S. Nagar, Mohali,
Punjab
|
"GIAN SAGAR
HOSPITAL" Expansion
& Development of Multi-Specialty Hospital for
"Poor People in rural
areas" [Cost Rs. 31.41
crore]
|
Rs. 31.41 crore for three
financial years
commencing with 2009-
2010 i.e., 2009-2010,
2010-2011 and 2011-2012
|
|
3.
|
Sabarkantha District
Adivasi Welfare
Committee, At & PO
Vaghpur, Tehsil
Bhiloda, District
Sabarkantha, Gujarat -
383251
|
Rural women
development &
awareness project [Cost
Rs. 2.46 crore]
|
Rs. 2.46 crore for three
financial years
commencing with 2009-
2010 i.e., 2009-2010,
2010-2011 and 2011-2012
|
|
4.
|
Gomukh Environmental
Trust for Sustainable
Development 92/2,
Durga, Gangote Path,
Opposite Kamala Nehru
Park, Erandwana, Pune-411004
|
"Rural Livelihood
Development" [Cost Rs.
9.96 crore]
|
Rs. 9.96 crore for three
financial years
commencing with 2009-
2010 i.e., 2009-2010,
2010-2011 and 2011-2012
|
|
5.
|
Sahara Health &
Education Society, 39,
Defence Park,
Maheshtala, Kolkata-700 141
|
Providing Shelter and
Mobile Health Services to
the BPL and Tribal
Families [Cost Rs. 8.45
crore]
|
Rs. 8.45 crore for three
financial years
commencing with 2009-
2010 i.e., 2009-2010,
2010-2011 and 2011-2012
|
|
6.
|
Hindu Mission
Hospital, 103, GST
Road, Tambaram West,
Chennai-45
|
Vital Medicare for needy
[Cost Rs. 2.97 crore]
|
Rs. 2.97 crore for three
financial years
commencing with 2009-
2010 i.e., 2009-2010,
2010-2011 and 2011-2012
|
|
7.
|
Shree Pragnachakshu
Mahila Sevakunj, Near
Lok Vidyalaya, Near
Jalaram Petrol Pump,
Muli Road, Post Box
No. 18, Surendranagar-
363020, Gujarat
|
Rehabilitation Centre &
Hostel for Blind &
Handicapped person
[Cost Rs. 2.31 crore]
|
Rs. 2.31 crore for three
financial years
commencing with 2009-
2010 i.e., 2009-2010,
2010-2011 and 2011-2012
|
|
8.
|
Kristu Jyoti Social
Welfare Society, Diani
NH-1A, Samba-184121, J&K State
|
Child labour control
progra- mme through
health & hygiene,
nutrition and primary
education to the children
of migrant labours/ slum
dwellers [Cost Rs.
86,87,070]
|
Rs. 86,87,070 for three
financial years
commencing with 2009-
2010 i.e., 2009-2010,
2010-2011 and 2011-2012
|
|
9.
|
Shri V.R. Deshpande
Memorial Trust, Udyog
Vidyanagar, Haliyal-581 329, Karnataka
|
Uttara Karnataka-Integrated Rural
Development Project
(UK-IRDP) [Cost Rs.
9.00 crore]
|
Rs. 4.00 crore for two
financial years
commencing with 2009-
2010 i.e., 2009-2010
and
2010-2011
|
|
10.
|
Naandi Foundation,
502, Trendset Towers,
Road 2, Banjara Hills,
Hyderabad-500 034
|
Ensuring Children Learn
[Cost Rs. 3.45 crore]
|
Rs. 3.45 crore for three
financial years
commencing with 2009-
2010 i.e., 2009-2010,
2010-2011 and 2011-2012
|
|
11.
|
Shri Bhagini Mitra
Mandal, New Sarvoday
Society - Palitana,
Gujarat State-364270
|
Home for elderly ladies
and corpus for running
the projects [Cost Rs.
255.00 lakh]
|
Rs. 255.00 lakh for three
financial years
commencing with 2009-
2010 i.e., 2009-2010,
2010-2011 and 2011-2012
|
|
12.
|
Bhartiya Sanskruti
Vikas Probhodini, C/o.
Sharad Shamraoji
Bhandarkar, Shiv
Sadhana Nivas,
Sonapur Complex, Near
Nagpur University Sub-centre, AT. PO. Ta.
District Gadchiroli,
Maharashtra-442605
|
Dwelling unit [Rs. 3.23
crore]
|
Rs. 3.23 crore for two
financial years
commencing with 2009-
2010 i.e., 2009-2010
and
2010-2011
|
|
13.
|
SANKALP (An All
India Organization for
integrated participatory
development), B-1/8,
2nd Floor, Africa
Avenue Road,
Safdarjung Enclave,
New Delhi-110029
|
Empowering the poor and
reach the un-reached
through accessible
innovative & inclusive
quality education [Cost
Rs. 7.01 crore]
|
Rs. 7.01 crore including a
corpus fund of Rs. 2.00
crore for three financial
years commencing with
2009-2010 i.e., 2009-2010,
2010-2011 and
2011-2012
|
|
14.
|
Ogawa Society, Hardas
Nagar, Kamptee,
District Nagpur-441002, Maharashtra
|
Project "DURBAL-UTKARSH" Essential
facilities for formerly
bonded and landless
labourers in Naxalite area
of Gadchiroli and Nagpur
(Maharashtra) [Cost Rs.
12.34 crore]
|
Rs. 12.34 crore for three
financial years
commencing with 2009-
2010 i.e., 2009-2010,
2010-2011 and 2011-2012
|
|
15.
|
Shri Swaminarayan
Gurukul, Rapar, District
Kutch, Gujarat-370165
|
Running of
primary/secondary school
with hostel facility for
Taluka Rapar and for
running of vocational
course college imparting
Primary Teacher
Training, all areas falling
with- in the definition of
Rural area [Cost Rs. 3.20
crore]
|
Rs. 3.20 crore for two
financial years
commencing with 2009-
2010 i.e., 2009-2010
and
2010-2011
|
|
16.
|
Sree Lakshmi Jabbi
Reddy Charitable Trust,
Obulavari Palli Post,
Kadapa District,
Andhra Pradesh -516108
|
Health Care project [Cost
Rs. 14.85 crore]
|
Rs. 14.85 crore for three
financial years
commencing with 2009-
2010 i.e., 2009-2010,
2010-2011 and 2011-2012
|
|
17.
|
Shri Nagardas Dhanji
Shanghvi Trust, 7th
Floor, Brij Bhoomi,
Nehru Road, Vile Parle
(East), Mumbai-400056
|
Shri Nagardas Dhanji
Shanghvi Eye Hospital
[Cost Rs. 3.00 crore
including a corpus fund
of Rs. 1.63 crore]
|
Rs. 3.00 crore including a
corpus fund of Rs. 1.63
crore for three financial
years commencing with
2009-2010 i.e., 2009-2010,
2010-2011 and
2011-2012
|
|
18.
|
Ramakrishna Mission
Ashrama, PO & District
Narainpur-494661,
Chhattisgarh
|
Integrated Rural
Development project
[Cost Rs. 1.20 crore for
one year and corpus fund
of Rs. 15.00 crore]
|
Rs. 3.60 crore as recur-
ring expenditure only for
three financial years
commencing with 2009-
2010 i.e., 2009-2010,
2010-2011 and 2011-2012
|
|
19.
|
N.K. Mathew
Charitable Trust,
Kallettumkara PO,
Thrissur District,
Kerala State-680 683
|
Treatment &
rehabilitation centre for
physically handicapped
[Cost Rs. 3.72 crore
including a corpus fund
of Rs. 3.60 crore]
|
Rs. 3.72 crore including a
corpus fund of Rs. 3.60
crore for three financial
years commencing with
2009-2010 i.e., 2009-2010,
2010-2011 and
2011-2012
|
II. This notification shall remain in force for a period of two years in relation to financial years 2009-2010 and 2010-2011 in respect of project or scheme mentioned at serial numbers 9, 12 and 15 and for a period of three years in relation to financial years 2009-2010, 2010-2011 and 2011-2012 in respect of projects or schemes mentioned at serial numbers 1, 2, 3, 4, 5, 6, 7, 8, 10, 11, 13, 14, 16, 17, 18 and 19 of the said Table.