Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: TDS :: articles on VAT and GST in India :: ARTICLES ON INPUT TAX CREDIT IN VAT :: cpt :: TAX RATES - GOODS TAXABLE @ 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT Audit :: Central Excise rule to resale the machines to a new company :: VAT RATES :: empanelment :: due date for vat payment :: ACCOUNTING STANDARD :: form 3cd :: list of goods taxed at 4% :: ACCOUNTING STANDARDS
 
 
« Latest Circulars »
 Eligible Credit Rating Agencies- Rating of Fixed Deposits by Infomerics Valuation and Rating Private Limited (IVRPL)
  Appointment of nominated counsel in the Hon’ble High Court of Delhi at New Delhi- Compliance of the Order dated 21.07.2017
 RBI-Core Banking Solution (CBS) Requirements for Urban Co-operative Banks (UCBs)
 RBI-Interest Subvention Scheme for Short Term Crop Loans during the year 2017-18
 Appointment of nominated counsel in the Hon’ble High Court of Delhi at New Delhi- Compliance of the Order dated 21.07.2017
 RBI releases Data on India’s International Trade in Services: June 2017
 RBI-Reserve Bank Commercial Paper Directions, 2017
  RBI announces OMO Sale of Government of India Dated Securities
 Risk Management and Interbank Dealings- Reports to the Reserve Bank
  RBI announces OMO Sale of Government of India Dated Securities
 Income Tax Appellate Tribunal Ahmedabad Benches , Ahmedabad S/shri S.S. Godara, JM & Manish Borad, Am Causelist For Bench 'A' 07-08-2017

SEWA-Rural (Society for Education, Welfare and Act)
September, 10th 2002

Direct Tax Notification No. 262-2002 dated 10th September, 2002

Topic

Extension of the project u/s 35AC

Sub Topic

SEWA-Rural (Society for Education, Welfare and Act

Summary

The Central Government has specfied the scheme or project being carried out by "SEWA-Rural (Society for Education, District Bharuch-393110" as an eligible project under section 35AC(1)(b), for a further period of three years commencing from A.Y. 2003-2004. The maximum cost allowed for the project has been estimated to Rs.518.50 lakhs including a corpus fund of Rs. 100 lakhs.

Direct Tax Notification No. 262-2002 dated 10th September, 2002

Whereas by notification of the Government of India in the Ministry of Finance number S.O.228(E) dated the 17th March, 1994, issued under 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 had specified at serial number 6, for Integrated Rural Development through health and medical services for rural poor and tribals, vocational training to tribals and rural poor between age of 15 to 35 years for poverty alleviation, income generation activities for development of women, promotion of gramodyog (cottage industries] for poverty alleviation and help to rural poor for constructing low cost houses, by SEWA-Rural (Society for Education, Welfare and Action-Rural), At & Post Office Jhagadia, District Bharuch-393110 as an eligible project or scheme for a period of three years beginning with assessment year 1994-1995 which was extended further vide notification number S.O.403(E) dated 6th June, 1996 for a period of three years beginning with assessment year 1997-1998 and which was extended further vide Notification No.S.O.748(E) dated 10th September, 1999 for a period of three years beginning with assessment year 2000-2001;

And whereas the said project or scheme is likely to extend beyond nine years;

And whereas the National Committee, 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 and amending the project cost from Rs.418.50 lakhs to Rs.518.50 lakhs including a corpus fund of Rs. 100.00 lakhs;

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),-

(a) hereby specifies the scheme or project of, Integrated Rural Development through health and medical services for rural poor and tribals, vocational training to tribals and rural poor between age of 15 to 35 years for poverty alleviation, income generation activities for development of women, promotion of gramodyog (cottage industries) for poverty alleviation and help to rural poor for constructing low cost houses; which is being carried out by SEWA-Rural (Society for Education, Welfare and Action-Rural), At & Office Jhagadia, District Bharuch-393110; as an eligible project or scheme for a further period of three years beginning with assessment year 2003-2004; and

(b) further amends the said notification number S.O.228(E) dated the 17th March, 1994, to the following effect, namely: -

In the said notification, in the Table against Serial number 6, in column (4) relating to maximum cost for which allowed, for the letters, figures and word "Rs.418.50 lakhs, the letters, figures and word "Rs.518.50 lakhs including a corpus fund of Rs. 100.00 lakhs" shall be substituted.

Sd/-
(G.C.Srivastava| Secretary
(National Committee)

F.No. NC-80/2002

Issued by:
Ministry of Finance and Company Affairs
Department of Revenue
New Delhi.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Application Management Solutions Application Management System Application Management Software System Application Management Development Application Management Software Development

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions