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The Central Government notifies the extension of the project Support towards meeting running expenses for Charaibeti project (special Education on Wheel) carried out by Tomorrow's Foundation in West Bengal for a further period of three financial years. The project continues without any change in the approved cost of Rs. 2.00 crore. The extension covers the financial years 2014-15, 2015-16, and 2016-17. Because the financial year 2014-15 ends before the notification, no certificate under section 35AC of the Income-tax Act, 1961 issues for the financial year 2014-15.
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NOTIFICATION
New Delhi, the 17th December, 2015
S.O. 3441(E).—Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 2835(E) dated 19.12.2011 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 29 “Support towards meeting running expenses for Charaibeti project (special Education on Wheel)” by “Tomorrow’s Foundation, 417 Hossenpur, (Cooperative Road), Kolkata 700 107, KMC Ward No. 108, West Bengal”, as an eligible project or scheme, at the estimated cost of Rs. 2.00 crore for a period of three years ending with financial year 2013-14;
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 “Support towards meeting running expenses for Charaibeti project (special Education on Wheel)”, which is being carried out by “Tomorrow’s Foundation, 417 Hossenpur, (Cooperative Road), Kolkata 700 107, KMC Ward No. 108, West Bengal”, without any change in the approved cost of Rs. 2.00 crore, for a further period of three years commencing with financial year 2014-15, i.e., 2014-15, 2015-16 & 2016-17. As the financial year 2014-15 has already been lapsed, no certificate under section 35AC of the IT Act, 1961 would be issued for the financial year 2014-15.
[No. 267/2015/F. No. V. 27015/4/2015-SO (NAT.COM)] MAKKHAN LAL MEENA, Dy. Secy. (National Committee)
