Notification Issued on 19-12-2011
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), the Central Government, on the recommendations 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:-
Name of the Institution
Dignity Foundation (Regd.), BMC School Building, Topiwala Lane, Opposite Lamington Road Police Station, Grant Road (East), Mumbai 400 007, Maharashtra.
Rajiv Gandhi Charitable Trust, Jawahar Bhawan, Dr. Rajendra Prasad Marg, New Delhi 110 001.
Society for Promotion of Youth & Masses, SPYM centre 111/9, Opposite Sec B4, Vacant Kunj, New Delhi 110 070.
Have a Heart Foundation, No.37, St Johns Road, Bangalore 560 042.
Vinay Vihar Education Trust, (Lok Vidyalaya), Valukd Taluka- Palitana), District Bhavnagar State, Gujarat -364 270.
Servaseva, H.N.639, Mirganj, Ward No.7, G.D. College Road, Begusarai 851 101, Bihar.
Jamghat -A group of Street Children. F2-1st Floor, Ladoo Sarai, New Delhi 110 030.
Chinmaya Organisation for rural Development (CORD), 89, Lodhi Estate, New Delhi 110 003.
Tara Sansthan, 236 A, Sector-6 Hiran Magri, Udaipur-313 002, Rajasthan.
Bhimrav Jadhav (Tatya) Shikshan Sanstha, Islampur, Tal Walwa, House No.2937, A, Islampur, Tq. Walwa, District Sangli, Maharashtra 415 409.
Saksham Flat No.9, Dakshineshwar Building, 10, Hailey Road, New Delhi 110 001.
Sabala, Samatha Building Kerti Nagar, Bijapur 586 101., Karnataka.
Divyajyoti Vidya Kendra ®, Viswa Building, Chikkanna Layout, Nelamangala Town Bangalore Rural District, Karnataka-562 123.
Shri Vatavrusksha Swami Maharaj Devasthan, Akkalkot, Tal Akkalkot, District Solapur, Maharashtra 413 216.
The Gujarat Sarvajanik Welfare Trust, 303, 03rd Floor, Maharana Pratap Complex, Opp. Ellis Bridge Post Office, B/h V.S. Hospital Ahmedabad, Gujarat.
Chetna Sewa Sansthan, Village Kamora Post Dhamora, Tehsil Milak, District Rampur 244 901, Uttar Pradesh.
South Rotary Charitable Trust, S.Kumar Enterprises (Synfabe Pvt. Ltd.) Niranjan, Ground Floor, Marine Drive, Mumbai 400 002.
Bharat Lok Shiksha Parishad®, A-131/3, Group Industrial Area, Wazirpur, Delhi 110 052.
Shri Shanishwar Devasthan Trust At/Post- Shanishinganapur, Tal-Newasa Distt-Ahemadnagar
Surat Diamond Association, 12-14 Meera Nagar, Near Blood Bank Varacha, Surat 395 006.
K.S.R. Memorial Charitable Trust for Rural Development ®, Regd. Off. Srinilayam, H.N
Mother Teresa Memorial Trust, RZ-2683/29, 2nd Floor, Mother Teresa, Apartment, Tughalkabad Extension, New Delhi 110 019.
Sri Hari Har Kailas Gnan Peeth Trust, Muni Ki Reti, Rishikesh, Tehri Garhwal District, Uttarakand 249 201.
Nitya Seva Society, 54, Shamla road, Bhopal, Madhya Pradesh 462 011.
Pakhar Sankul, 157, South Kasba, Shree Shubharai, Maharaj Math, Solapur, Maharashtra
The National Federation of the Blind, Rachanatmak Karya Samiti, Gandhi Chowk, R.S. Road, Vile Parle (West), Mumbai 400 056, Maharashtra.
Rajashree Foundation, Jayasinghpur, Taluk Shirol, District Kohlapur, Maharashtra./or 1045, Dr. JJ. Magdum Housing Society, Jaysingpur, 416 101, District Kolhapur, Maharashtra.
Tomorrow’s Foundation, 417 Hossenpur, (Cooperative Road), Kolkata 700 107, KMC Ward No. 108, West Bengal.
Dr. Zakir Husain Memorial Trust. 4, Gulmohar Avenue, Jamia Nagar, New Delhi 110 125.
Shree Adtalis Gam Kadva Patidar Samaj, 601, Sahajanand Complex, Sahibaug, Ahmedabad 380 004, Gujarat.
II. This notification shall remain in force for a period of three years in relation to financial years 2011-12, 2012-13 & 2013-14 in respect of projects or schemes mentioned at serial numbers 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30 & 31 of the said table.
Reference: Section 35AC of the income Tax Act, 1961
Expenditure on eligible projects or schemes
(1) Where an assessee incurs any expenditure by way of payment of any sum to a public sector company or a local authority or to an association or institution approved by the National Committee
for carrying out any eligible project or scheme, the assessee shall, subject to the provisions of this section, be allowed a deduction of the amount of such expenditure incurred during the previous year :
Provided that a company may, for claiming the deduction under this sub-section, incur expenditure either by way of payment of any sum as aforesaid or directly on the eligible project or scheme.
(2) The deduction under sub-section (1) shall not be allowed unless the assessee furnishes along with his return of income a certificate—
(a) where the payment is to a public sector company or a local authority or an association or institution referred to in sub-section (1), from such public sector company or local authority or, as the case may be, association or institution;
(b) in any other case, from an accountant, as defined in the Explanation below sub-section (2) of section 288,
in such form, manner and containing such particulars (including particulars relating to the progress in the work relating to the eligible project or scheme during the previous year) as may be prescribed.
Explanation.—The deduction, to which the assessee is entitled in respect of any sum paid to a public sector company or a local authority or to an association or institution for carrying out the eligible project or scheme referred to in this section applies, shall not be denied merely on the ground that subsequent to the payment of such sum by the assessee,—
(a) the approval granted to such association or institution has been withdrawn; or
(b) the notification notifying the eligible project or scheme carried out by the public sector company or local authority or association or institution has been withdrawn.]
(3) Where a deduction under this section is claimed and allowed for any assessment year in respect of any expenditure referred to in sub-section (1), deduction shall not be allowed in respect of such expenditure under any other provision of this Act for the same or any other assessment year.
(4) Where an association or institution is approved by the National Committee under sub-section (1), and subsequently—
(i) that Committee is satisfied that the project or the scheme is not being carried on in accordance with all or any of the conditions subject to which approval was granted; or
(ii) such association or institution, to which approval has been granted, has not furnished to the National Committee, after the end of each financial year, a report in such form and setting forth such particulars and within such time as may be prescribed,
the National Committee may, at any time, after giving a reasonable opportunity of showing cause against the proposed withdrawal to the concerned association or institution, withdraw the approval:
Provided that a copy of the order withdrawing the approval shall be forwarded by the National Committee to the Assessing Officer having jurisdiction over the concerned association or institution.
(5) Where any project or scheme has been notified as an eligible project or scheme under clause (b) of the Explanation, and subsequently—
(i) the National Committee is satisfied that the project or the scheme is not being carried on in accordance with all or any of the conditions subject to which such project or scheme was notified; or
(ii) a report in respect of such eligible project or scheme has not been furnished after the end of each financial year, in such form and setting forth such particulars and within such time as may be prescribed,
such notification may be withdrawn in the same manner in which it was issued:
Provided that a reasonable opportunity of showing cause against the proposed withdrawal shall be given by the National Committee to the concerned association, institution, public sector company or local authority, as the case may be:
Provided further that a copy of the notification by which the notification of the eligible project or scheme is withdrawn shall be forwarded to the Assessing Officer having jurisdiction over the concerned association, institution, public sector company or local authority, as the case may be, carrying on such eligible project or scheme.]
(6) Notwithstanding anything contained in any other provision of this Act, where—
(i) the approval of the National Committee, granted to an association or institution, is withdrawn under sub-section (4) or the notification in respect of eligible project or scheme is withdrawn in the case of a public sector company or local authority or an association or institution under sub-section (5); or
(ii) a company has claimed deduction under the proviso to sub-section (1) in respect of any expenditure incurred directly on the eligible project or scheme and the approval for such project or scheme is withdrawn by the National Committee under sub-section (5),
the total amount of the payment received by the public sector company or the local authority or the association or the institution, as the case may be, in respect of which such company or authority or association or institution has furnished a certificate referred to in clause (a) of sub-section (2) or the deduction claimed by a company under the proviso to sub-section (1) shall be deemed to be the income of such company or authority or association or institution, as the case may be, for the previous year in which such approval or notification is withdrawn and tax shall be charged on such income at the maximum marginal rate in force for that year.]
Explanation.—For the purposes of this section,—
(a) “National Committee” means the Committee constituted by the Central Government, from amongst persons of eminence in public life, in accordance with the rules made under this Act;