Notification No. 614E

Institution "Sri Sathya Sai Medical Trust approved under section 35AC

What this is

Notification No. 614E was published on 23 August 1994. Its subject is Institution "Sri Sathya Sai Medical Trust approved under section 35AC.

The provisions it speaks to

Left, the provision of the Income-tax Act, 1961 as the instrument itself names it. Right, the section of the Income-tax Act, 2025 that the department’s own concordance maps it to — which is where the same ground is now covered.

Under the 1961 Act	Now
s.35AC	no counterpart recorded

The instrument, as the Board published it

The words below are the department’s own, reproduced from its published text. Where the department’s copy carried a publisher’s notes after the instrument, those are not reproduced.

Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue), the Central Board of Direct Taxes, vide S.O. No. 244(E), dated 27th March, 1992, under 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, specifies the project of Sri Sathya Sai Medical Trust, Ananatpur (Andhra Pradesh), for the establishment of the Urology, Nephrology Unit (at estimated cost of Rs. 5 crores) and the Neurology Unit (at estimated cost of Rs. 7.5 crores) in the Speciality Hospital at Prasanthi Nilayam, Anantapur (Andhra Pradesh) to be an eligible project for the purpose of the aforesaid clause ;

And whereas the National Committe is satisfied that the eligible project is being executed properly ;

Now, therefore, in exercise of the powers conferred by clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), read with sub-rule (5) of rule 11M of the Income-tax Rules, 1962, on the recommendations of the National Committee, the Central Government hereby approves the institution "Sri Sathya Sai Medical Trust, Anantapur (Andhra Pradesh)" and specifies the eligible projects and schemes in the Speciality Hospital at Prasanthi Nilayam, Anantapur, for (a) establishment and maintenance of urology and nephrology units (at estimated cost of Rs. 5 crores) and (b) establishment and maintenance of neurology unit (at estimated cost of Rs. 7 crores) for a further period of two years in relation to the assessment years 1995-96 and 1996-97.

[No. 9589/F. No. NC-77/94

What it names

Rules it names. Rule 11M of the Income-tax Rules, 1962. The 1962 Rules were replaced by the Income-tax Rules, 2026, which renumbered nearly everything: a rule number quoted here almost never means the same rule today.

On the same provision

Other instruments in this library that name the same provision of the 1961 Act. They are not necessarily still operative, and a later one may have replaced an earlier one without saying so.

Notification No. 3/2022 — Specifying forms returns statements reports orders by whatever name called prescribed in appendix ii to be furnished ele 16 July 2022
Notification No. 2/2019 [F. No. V. 27013/3/2018-SO(NAT.COM)]/SO 3122(E) — Ministry of Finance 28 August 2019
Notification No. 1/2019 [F. No. V. 27013/3/2018-SO(NAT.COM)] / SO 1706(E) — Ministry of Finance 8 May 2019
Notification No. S.O. 1706 [No. 1/2019 (F.No.V.27013/3/2018-SO(nat.com)] — Section 35AC of the Income-tax Act, 1961, read with rule 11G of the Income-tax Rules, 1962 - Eligible Projects or Scheme 8 May 2019
Notification No. 2/2018 [F.No.V.27013/3/2018-SO(NAT.COM)] SO 5160(E) — Ministry of Finance 5 October 2018
Notification No. 1/2018 [F.No.V.27013/3/2018-SO(NAT.COM)] / SO 1658(E) — MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 17th April, 2018 S.O 17 April 2018

← Notification No. 635E · Notification No. 613E →

What a notification is. A notification is made under a power the Act itself gives, and within that power it is law — unlike a circular, which only binds the department. Its reach is the reach of the enabling provision and no wider, and the date it carries decides from when it works.

Source: the Income Tax Department’s own published text — its page for this instrument.