SECTION 35AC OF THE INCOME-TAX ACT, 1961 – ELIGIBLE PROJECTS OR SCHEMES, EXPENDITURE ON – NOTIFIED ELIGIBLE PROJECTS OR SCHEMES
NOTIFICATION NO. SO 160(E) [NO.1/2017 (F.NO.V.27015/6/2016-SO (NAT.COM)], DATED 17-1-2017
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 35AC 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) | Approved the cost of Rs. 415.00 lakh (Rs.190.10 lakh as Recurring and Rs. 225.00 lakh Corpus donations) for financial year 2016-17 | |||||||||||||||||||||
| 2 | Lopaamudra Charitable Trust Dhoni Road, Olavakode, P.O. Palakkad-678002
Kerala |
Padamguruji Mobile Hospitality Unit
Rs. 4.50 crore |
Approved the cost of Rs. 4.50 crore for financial year 2016-17. | |||||||||||||||||||||
| 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 |
Approved the cost of Rs. 4.19 Crore for financial year 2016-17 | |||||||||||||||||||||
| 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 |
Approved the cost of Rs. 12.00 crore for financial year 2016-17 | |||||||||||||||||||||
| 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. | Approved the cost of Rs. 15.00 crore for financial year 2016-17 | |||||||||||||||||||||
| 6 | Delhi ENT 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 |
Approved the cost of Rs. 5.00 crore for financial year 2016-17 | |||||||||||||||||||||
| 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 |
Approved the cost of Rs. 44.25 crore for financial year 2016-17. | |||||||||||||||||||||
| 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 |
Approved the cost of Rs. 2244.40 lakh for financial year 2016-17 | |||||||||||||||||||||
| 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 |
Approved the cost of Rs. 3.03 crore for financial year 2016-17. | |||||||||||||||||||||
| 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 |
Approved the cost of Rs. 5.00 crore for financial year 2016-17 | |||||||||||||||||||||
| 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 |
Approved the cost of Rs. 5.32 crore for financial year 2016-17 | |||||||||||||||||||||
| 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 |
Approved the cost of Rs. 6.00 crore for financial year 2016-17 | |||||||||||||||||||||
| 13 | Shri Ram Sanskritik Shodh Sansthan Nyas
B-945, MIG Flats, CHITRAKUT, East of Loni, Delhi-110093 |
Punya Bhumi Bharat
Rs. 519.00 Crore |
Approved the cost of Rs. 519.00 crore for financial year 2016-17 | |||||||||||||||||||||
| 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 |
Approved the cost of Rs. 5.00 Crore for financial year 2016-17. | |||||||||||||||||||||
| 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 |
Approved the cost of Rs. 4.46 crore for financial year 2016-17 | |||||||||||||||||||||
| 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) | Approved the cost of Rs. 20.00 crore (including Rs. 10.00 crore as Corpus fund) for financial year 2016-17. | |||||||||||||||||||||
| 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 |
Approved the cost of Rs. 19.19 Crore for financial year 2 016-17. | |||||||||||||||||||||
| 18 | Kalike
#317/85, 1st Floor, 18th Cross, Near Udaya School M.C. Layout, Vijayanagar Bangalore-560040 |
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 |
Approved the cost of Rs. 5.01 crore for financial year 2016-17. | |||||||||||||||||||||
| 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 |
Approved the cost of Rs. 2.99 crore for financial year 2016-17. | |||||||||||||||||||||
| 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 |
Approved the cost of Rs. 3.01 crore for financial year 2016-17. | |||||||||||||||||||||
| 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 |
Approved the cost of Rs. 1.05 crore for financial year 2016-17. | |||||||||||||||||||||
| 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 |
Approved the cost of Rs. 113.49 lakh for financial year 2016-17. | |||||||||||||||||||||
| 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 |
Approved the cost of Rs. 12.95 crore for financial year 2016-17. | |||||||||||||||||||||
| 26 | Seva Bharti
13, Bhai Veer Singh Marg, Gole Market, New Delhi-110001. |
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 |
Approved the cost of Rs. 45.00 lakh for financial year 2016-17. | |||||||||||||||||||||
| 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 |
Approved the cost of Rs. 32.45 lakhs for financial year 2016-17. |
II. This notification shall remain in force for the period of and in relation to financial year in respect of the projects or schemes mentioned above against the respective institutions/projects.
III. The exemption u/s 35AC will not apply to the funds received under schedule VII of the Section 135 of the Companies Act and Companies (CSR) Rules, 2014.