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Notification No :144
Section(s) Referred :s. 35AC(b)(1)
Date of Issue :13/6/2003

Notification No. 144 of 2003, dt. 13th June, 2003.

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, hereby approves the institutions mentioned in column (2) of the Table below and specifies the eligible projects or schemes and the estimated cost thereof as mentioned in column (3) of the said Table and also specifies in column (4) of the said Table, the maximum amount of such cost which may be allowed as deduction under the said section 35AC, namely:


	                                TABLE
----------------------------------------------------------------------------------------------
 Sl.      Name of the                  Project or scheme and     Maximum amount of cost to be
 No.      institution                 estimated cost thereof     allowed as deduction under 
                                                                        section 35AC
----------------------------------------------------------------------------------------------
(1)           (2)                               (3)                         (4)
----------------------------------------------------------------------------------------------
 1.    The Poona School            Construction of eye           Rs. 439 lakhs for
       and Home for the            hospital building (for        assessment years
       Blind Trust, 14/17,         blind), intemals roads,       2004-2005, 2005-2006
       Koregaon Park, Dr.          site development,             and 2006-2007 i.e.,
       Machave Road,               Furniture, air-               for three years only.
       Pune-411001.                conditioners, medical
                                   equipments, electrical
                                   fittings, etc.

2.     AMCHA GHAR,               (a) Purchase of land,           Rs. 1157.10 lakhs for
       406/7, Deep Sagar         (b) construction of home        assessment years
       Building, Light               for destitute girls,        2004-2005 and 2005-2006
       House Road, Uttan,        (c) construction of High        i.e., for two
       Bhayandar, Thane,             School and technical        years only.
       Bombay-401106.                institute, and 
                                 (d) running of the project.

3.     Chittaranjan Seva         Running of Vocational           Rs. 100.00 lakhs
       Pratisthan, 5,            Training Centre for             (corpus fund) for
       Rajkamal, Opp.            economically weaker             assessment years
       University Campus,        section of society.             2004-2005, 2005-2006
       Vidyanagari Marg,                                         and 2006-2007 i.e.,
       Kalina, Mumbai-                                           for three years only.
       400098.

4.     SR Trust C/o              Comprehensive Women             Rs. 1091.33 lakhs for
       Meenakshi Mission         & Child Development             assessment years
       Hospital and              Project.                        2004-2005, 2005-2006
       Research Centre at                                        and 2006-2007 i.e.,
       lake Area Melur                                           for three years only.
       Road, Madurai,
       Tamil Nadu-625107.
----------------------------------------------------------------------------------------------

2. This notification shall remain in force for a period of two years in relation to assessment years 2004-2005 and 2005-2006 in respect of project or scheme mentioned at serial number 2 and for a period of three years in relation to assessment years 2004-2005, 2005-2006 and 2006-2007 in respect of projects or schemes mentioned at serial numbers 1, 3 and 4 of the said Table

[F.No. NC-81/2003]



 

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