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The Central Government notifies specific institutions and approves their eligible projects and schemes along with estimated costs for deduction under section 35AC of the Income Tax Act, 1961. The Central Government acts on the recommendation of the National Committee for Promotion of Social and Economic Welfare. This notification applies to the financial year 2016-17. The exemption under section 35AC does not apply to funds received under Schedule VII of Section 135 of the Companies Act and Companies (CSR) Rules, 2014.
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MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 17th January, 2017
S.O.160(E).—In exercise of the powers conferred by sub-section (I) read with clause (b) of the Explanation to Section 35 AC of the Income Tax Act, 1961 (43 of 1961), the Central Government, on the recommendation 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 35 AC for the period of approval, namely:-
TABLE
| Sl. No. | Name of the Institution/Organization | Project or scheme and estimated cost thereof | Maximum amount of cost to be allowed as deduction under section 35AC and period of approval |
|---|---|---|---|
| (1) | (2) | (3) | (4) |
| 1 | Late Janabai Bhutange Shikshan Sanstha, chicholi, Tah.Tusar, Distt. Bhandra Maharashtra - 441912 | Late Janabai Bhutange Shikshan Sanstha, Chicholi, | Rs. 415.00 lakh (Rs.190.10 lakh as Recurring and Rs. 225.00 lakh Corpus donations) |
| 2 | Lopaamudra Charitable Trust Dhoni Road, Olavakode, P.O. Palakkad-678002 Kerala | Padamguruji Mobile Hospitality Unit | Rs. 4.50 crore |
| 3 | Girijana Vikas Swtchanda Seva Sanstha G.K. Veedhi-531133, Visakhapatnam District Andhra Pradesh | Development of Mango & Fauna orchards by tribal communities for sustainable livelihoods | Rs. 4.19 Crore |
| 4 | Sahyog Sevabhavi Sanstha Vishnupuri, Nanded At Post Vishnupuri, Tq & District Nanded Maharashtra-431606 | (i) For construction of School & Hostel building of Existing primary school and (ii) Treatment of Malanutrited child in rural area. | Rs. 12.00 crore |
| 5 | Khidmat Charitable Trust 344/346, A.K. Chambers, Office No 102, 1st Floor Vadgadi, Opp. State of India, Samuel Street, Mumbai – 400003. | Maintenance of Present Activities (Medical Relief) | Rs. 15.00 crore. |
| 6 | Delhi E.N.T. Hospital and Research Centre 127, Navjivan Vihar, New Delhi-110017 | Rehabilitation Centre for revention of hearing impairment and reduction of noise trauma | Rs. 5.00 Crore |
| 7 | Jan Swasthya Sahyog Village & Post Office Ganiyari, Bilaspur Chhattisgarh-495112 | Running low cost health center catering to rural & tribal population in the tribal belt of Bilaspur District, Chhattisgarh alongwith creating and educating a local health workers force and improving the tribal/rural child health scenario in the area | Rs. 44.25 Crore |
| 8 | Asian Society of Continuing Medical Education Sharika Mansion No.2, Lake Area First Street Nungambakkam Chennai-600034, T.N. | Asian Society of Continuing Medical Education (Dialysis Project) | Rs. 2244.40 lakh |
| 9 | Shri Ramkrishna Adhyatmik Kala, Krida Shaikshnik Samajik Pratishthan AT Post Alandi Devachi Dehu Alandi Road Tel Khedi- District Pune Maharashtra | Establishment of Hostel Building, Vocational Training Centre for poor and weaker section from rural and adivasi areas of Pune District, Maharashtra | Rs. 3.03 Crore |
| 10 | Native Medicare Charitable Trust 5/39, Kalappanaickenpalayam Somayampalayam Post Coimbatore-641108 | A Dream Home for the deprived for dignified living at Kamadai & Annur Block, of Coimbatore District, Tamil Nadu | Rs. 5.00 Crore |
| 11 | Integrated Development Society (IDS) AT/PO – Dasamantapur District Koraput Odisha-764028 | Sustainable Quality Education for 200 Tribal Orphan Children with residential facilities along with production centre | Rs. 5.32 Crore |
| 12 | Bala Mandir Kamaraj Trust No.8, G.N. Shetty Road T.Nagar, Chennai-600017 | Corpus fund for supporting education (Schools and vocational training) at Chennai, Tamil Nadu | Rs. 6.00 Crore |
| 13 | Shri Ram Sanskritik Shodh Sansthan Nyas B-945, MIG Flats, CHITRAKUT, East of Loni, Delhi-110093 | Punya Bhumi Bharat | Rs. 519.00 Crore |
| 14 | Spastics Society of Karnataka (Centre for Developmental Disabilities) 31-5th Cross, Off Vth Main Indira Nagar, I Stage, Bangalore-560038 Karnataka | Special School, vocational training centre and Early Child Education and Intervention for Children with Neuro Muscular & Developmental Disabilities | Rs. 5.00 Crore |
| 15 | Mallick Kati Sundarban Shishu Kalyan Samity Mallick Kati, P.S. Jibantala District South 24 Parganus West Bengal-743502 | Sushiksa – Empowering Education of Sundarban, West Bengal | Rs. 4.46 crore |
| 16 | Rabia Abdul Kader Millwalla Trust 83/3, Jail Road(South) Mumbai-400009 | Maintaining present activities and raising corpus for future Income | Rs. 20.00 crore (including Rs. 10.00 crore as Corpus fund) |
| 17 | Youth 4 jobs Foundation H.No.21-7-587, Near High Court Khokarwadi, Hyderabad Telangana-500002 | Project Parivartan – From Disability to Ability | Rs. 19.19 Crore |
| 18 | Kalike #317/85, 1st Floor, 18th Cross, Near Udaya School M.C. Layout, Vijayanagar Bangalore-560040 | (1) Strengthening Early Childhood Development estimated cost Rs. 9.08 Crore (2) Enhancing the Quality of Education in Primary Schools estimated cost Rs. 12.42 Crore (3) Enhancing Proficiency in English language in Primary & Upper Primary Schools estimated cost Rs. 2.65 Crore (4) Promoting reading through 100 school Libraries estimated cost Rs. 1.33 Crore (5) ICT Intervention in High Schools estimated cost Rs. 2.65 Crore (6) Water and Sanitation estimated cost Rs. 6.65 Crore (7) Addressing Health and Livelihoods of communities in Yadgir District, Karnataka estimated cost Rs. 7.70 Crore Total Rs. 42.33 Crore | Approved the cost of Rs. 42.33 crore for financial year 2016-17 as per break up of estimated cost indicated in column 3. |
| 19 | Elite Trust #23-A, Mettu Koluthur, Koluthur Post Kancheepuram District Tamil Nadu-603310 | To provide education to orphan children & to establish old age home | Rs. 5.01 crore |
| 20 | Deepam Foundation No.1, Bharath Complex Mangalam Raod, Andipalayam(P.O.) Tirupur-641687 | Construction of Bridge across Noyyal River, Rayapuram Village, Tirupur, Tamil Nadu Rs. 4.25 crore | Approved the cost of Rs. 4.25 crore for financial year 2016-17 |
| 21 | Helping Hearts Trust 62, Nethaji Street, Marappalam Erode-638001 Tamil Nadu | Enhancement of present Ashram School activities for the street Children, run away children, abandoned children, orphan children and HIV Aids Children | Rs. 2.99 crore |
| 22 | Sphoorti Foundation 484, EC Nagar, HCL Post Hyderabad-500051 | To provide free education and hostel facility for upcoming 200 children especially for girls | Rs. 3.01 crore |
| 23 | Selvamoni Memorail Trust Door No. 7/52, Chentharavilai Attor Post Kanya Kumari District-629191 Tamil Nadu | Upgradation of present vocational training centers & establishment of new centers with new courses especially for SC/ST/OBC/BPL category women | Rs. 1.05 crore |
| 24 | Swami Dayananda Saraswati Sukhanand Career Public School Educational Society Chadreswar Nagar Behind Andhra Ashram Rishikesh,Dehradun-249201 Uttarakhand | Free Student Care & Education | Rs. 113.49 lakh |
| 25 | Shri Kutchi Visha Oswal Jain Manav Seva Kendra Opposite Manav Kalyan Kendra Chowk Corner of Swamy Vivekanand, L.T. Road, Dahisar(E) Mumbai-400068 | Continuation and extension of present activities (Hospitals) | Rs. 12.95 crore |
| 26 | Seva Bharti 13, Bhai Veer Singh Marg, Gole Market, New Delhi-110001. | (i) Seva Bharti Balwadi estimated cost Rs. 5.25 Crore (ii) Seva Dham Vidya Mandir estimated cost Rs. 1.22 Crore (iii) Seva Bharti Street Children Project estimated cost Rs. 8.45 Lakh (iv) Seva Bharti Matrichhya Project estimated cost Rs. 31.50 lakhd (v) Seva Bharti Health Centres estimated cost Rs. 22.54 lakh Total Rs. 7.10 crore | Approved the cost of Rs. 7.10 crore for financial year 2016-17 as per break up of estimated cost indicated in column 3. |
| 28 | Janaseva Foundation, Indulal Complex, Above Rupee Co-op Bank, Navi Peth, L.B.S Road, Pune- 411030 | Care and Education of Street and Destitute Children | Rs. 45.00 lakh |
| 29 | Terrain Foundation of Retail (TRRAIN) c/o IL&FS Trust Company Limited, Al-Latheef, 1st Floor # 2 Union Street, Off Infantry Road, Bangalore-560001 Karnataka | Pankh – Wings of Destiny | Rs. 32.45 lakhs |
