Conditions subject to which a skill development project is to be notified under section 47(1)(b)

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....he project, and the fulfilment of the conditions specified in the relevant provisions of the Act, rules, or the conditions mentioned in a notification issued under rule 39. (3) A project in respect of existing employees of the company shall not be eligible for notification under section 47(1)(b), where the training of such employees commences after six months of their recruitment. (4) The expenses, eligible for deduction under section 47(1)(b), shall be all expenses incurred wholly and exclusively for undertaking an eligible project as reduced by- (a) the cost of any land or building; and (b) any expenditure on the project that is reimbursed or reimbursable to the assessee by any person, whether directly or indirectl....

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.... of this rule and rule 39,- (a) "eligible company" means a company, which is- (i) engaged in the business of manufacture or production of any article or thing, not being an article or thing mentioned at serial numbers 1 and 2 of the list of articles or things specified in the Thirteenth Schedule; or (ii) engaged in providing the following services: 1. accounting services; 2. architect services; 3. automobile repair or maintenance; 4. banking, insurance and financial services including ATM installation, maintenance and operations or banking correspondents or insurance agents; 5. beauty and cosmetology, including hair styling or manicurists or pedicurists; 6. cab....

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....al container depots and container freight stations; 24. port and maritime services such as dredging, piloting, tug boat operations, shipbuilding, ship scrapping and bunkering; 25. power sector services, including those required for erection or installation or maintenance of equipment or towers, etc. in generation, transmission or distribution sector projects; 26. private security, including guards, supervisors, installation and maintenance of security equipment etc.; 27. refrigeration and air-conditioning; 28. repair and maintenance services, including installation and servicing of household goods or white goods; 29. retail marketing, including shop floor assistants or merchandisers; ....