Laws and sections by number or title, due dates, pages, and updates.
The Central Government notifies the continuation of specified social and economic welfare projects for a further period of three years. The National Association for Blind in Maharashtra executes the eligible schemes for the blind and deaf-blind individuals. The approval maintains the estimated cost of five crore one lakh rupees including a corpus fund of ninety-one lakh rupees. The extension applies to the financial years 2015-16, 2016-17, and 2017-18.
Key dates
Who is affected
Thresholds
Ask about this notification
NOTIFICATION
New Delhi, the 15th June, 2015
S.O. 1575 (E).—Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 2366(E) dated 4.10.2012 issued under 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 6, “Bhavana Chandak (Falor) MAHA NAB School for the Blind, (2) NAB Nice Vijay Merchant Memorial Workshop-cum-training Center for the Blind (3) MAHA-NAB Training Center, (4) Deaf blind & Multiple Disability center, (5) Deaf blind & Multiple Disability Vocational Training Center” by “National Association for Blind, Plot No. P-66, A-Road, Lane No.3, MIDC, Satpur, Nashik – 422 007, Maharashtra”, as an eligible project or scheme, at the estimated cost of Rs. 5.01 crore including corpus fund of Rs. 91 lakh for a period of three years ending with financial year 2014-15;
And whereas the said project or scheme is likely to extend beyond 3 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 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 “Bhavana Chandak (Falor) MAHA NAB School for the Blind, (2) NAB Nice Vijay Merchant Memorial Workshop- cum-training Center for the Blind (3) MAHA-NAB Training Center, (4) Deaf blind & Multiple Disability center, (5) Deaf blind & Multiple Disability Vocational Training Center”, which is being carried out by “National Association for Blind, Plot No. P-66, A-Road, Lane No.3, MIDC, Satpur, Nashik – 422 007, Maharashtra”, without any change in the approved cost of Rs. 5.01 crore including corpus fund of Rs. 91 lakh for a further period of three years commencing with financial year 2015-16 i.e 2015-16, 2016-17 & 2017-18.
[No. 145/2015 / F.No.V. 27015/1/2015-SO (NAT.COM)]
MAKKHAN LAL MEENA, Dy. Secy. (National Committee)
