NOTIFICATION No. 152/2005, Dated 25-5-2005
Whereas by notification of the Government of
India in the Ministry of Finance (Department of Revenue) number S.O.901(E)
dated the 20th September, 2001, 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 specified at serial number 8, for
Construction of dormitory -cum-library and running of rehabilitation/welfare
programmes for disabled/blind persons at Bangalore, Karnataka and its
surrounding places, by Shree Ramana Maharishi Academy for the Blind, CA-IB, 3rd
Cross, 3rd Phase, J.P. Nagar, Bangalore-560078, as an eligible
project or scheme for a period of three years beginning with assessment year
2002-2003;
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 subsection (1) read with clause (b) of the
Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby
specifies the scheme or project for Construction of dormitory -cum-library and
running of rehabilitation/welfare programmes for disabled/blind persons at
Bangalore, Karnataka and its surrounding places, which is being carried out by
Shree Ramana Maharishi Academy for the Blind, CA-IB, 3rd Cross, 3rd
Phase, J.P. Nagar, Bangalore-560078, without any change in the approved cost
i.e. Rs. 197.00 lakhs, as an eligible project or scheme for a further period of
three years commencing from the financial year 2004-2005.
[F.No. NC-270/11/2005]