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The Central Government notifies the extension of the project Expansion of facilities in Shanker Institute of Cancer Therapy and Research for a further period of three financial years. Dr. Sheela Sharma Memorial charitable Trust sub unit carries out the project. The extension covers the financial years 2013-14, 2014-15 and 2015-16. The approved cost remains fourty two crore and twenty six lakh rupees including a corpus fund of ten crore rupees. No certificate under section 35AC of the Income-tax Act is issued for the financial years 2013-14 and 2014-15 because these financial years already lapsed.
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NOTIFICATION
New Delhi, the 10th November, 2015
S.O. 3056(E).—Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 1052(E) dated 11.5.2010 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 24 “Expansion of facilities in Shanker Institute of Cancer Therapy and Research” by “Dr. Sheela Sharma Memorial charitable Trust sub unit, Shanker Institute of Cancer therapy and Research, 140 Mile Stone, Masani Delhi Bye Pass Link road, Mathura – 281003”, as an eligible project or scheme, at the estimated cost of Rs. 42.26 crore including corpus fund of Rs. 10 crore for a period of three years ending with financial year 2012-13;
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 extending 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 “Expansion of facilities in Shanker Institute of Cancer Therapy and Research”, which is being carried out by “Dr. Sheela Sharma Memorial charitable Trust sub unit, Shanker Institute of Cancer therapy and Research, 140 Mile Stone, Masani Delhi Bye Pass Link road, Mathura – 281003”, without any change in the approved cost of Rs. 42.26 crore including corpus fund of Rs. 10 crore, for a further period of three years commencing with financial year 2013-14, i.e., 2013-14 ,2014-15 & 2015-16. Since the financial years 2013-14 and 2014-15 have already lapsed, no certificate under section 35AC of the IT Act, 1961 would be issued for the financial years 2013-14 and 2014-15.
[No. 246/2015 / F.No.V. 27015/3/2015-SO (NAT.COM)]
MAKKHAN LAL MEENA, Dy. Secy. (National Committee)
