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The Central Government notifies the eligible project or scheme of Ajinkya Foundation for a further period of three years. The scheme is Ajinkya Foundation’s Institute for the mentally handicapped. The approval applies to financial years 2015-16, 2016-17 and 2017-18. The approved cost remains Rs.2.55 crore.
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24 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
NOTIFICATION New Delhi, the 15th June, 2015
S.O. 1590 (E).—Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 1030(E) dated 7.05.2012 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, “Ajinkya Foundation’s Institute for the mentally handicapped” by “Ajinkya Foundation, 1318, Near Lal Jain Mandir, Kupwad, Tal. Miraj, District Sangli, Maharashtra – 416 425”, as an eligible project or scheme, at the estimated cost of Rs.2.55 crore 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 “Ajinkya Foundation’s Institute for the mentally handicapped”, which is being carried out by “Ajinkya Foundation, 1318, Near Lal Jain Mandir, Kupwad, Tal. Miraj, District Sangli, Maharashtra – 416 425”, without any change in the approved cost of Rs.2.55 crore, for a further period of three years commencing with financial year 2015-16 i.e 2015-16, 2016-17 & 2017-18.
[No. 161/2015 / F.No.V. 27015/1/2015-SO (NAT.COM)] MAKKHAN LAL MEENA, Dy. Secy. (National Committee)
