Notification No. 698E

Institutions specified in column (2) of the Table below and specifies the eligible projects or schemes and the estimated cost ther approved under section 35AC

What this is

Notification No. 698E was published on 3 October 1997. Its subject is Institutions specified in column (2) of the Table below and specifies the eligible projects or schemes and the estimated cost ther approved under section 35AC.

This is an approval of a named institution. It affects that institution and the people who deal with it; the years it covers are stated in it and are the whole of its reach.

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.

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, hereby approves the institutions specified in column (2) of the Table below and specifies the eligible projects or schemes and the estimated cost thereof as mentioned in column (3) of the said Table and also specified in the column (4) of the said Table, the maximum amount of such cost which may be allowed as deduction under the said section 35AC.

TABLE

------- Sl. No. Name of the Project or scheme Maximum institutions and estimated cost amount of cost thereof to be allowed as deduction under section 35AC ------- (1) (2) (3) (4) ------- 1. Mata Amritanandamayi Development of land and Rs. 1,400 lakhs. Charitable Trust, and construction of 5000 Amritapuri P. O. Kollam houses--"Amrita Kuteeram" District, Kerala-690525. all over India ; likely to cost Rs. 1,400 lakhs.

2. Mata Lachmi Rotary Construction of building, Rs. 19.00 lakhs Charitable Society, Station purchase of equipments plus a corpus Road, Adipur, and running of school for fund of Kutch-370205, Gujarat. vocational training/ Rs. 15.00 lakhs. rehabilitation of hearing handicapped children at Adipore, Kutch, Gujarat ; likely to cost Rs. 34.00 lakhs.

3. Association for the Welfare Expenses for running of Rs. 30.00 lakhs Persons with a Mental clinics for mentally handi- plus a corpus Handicap in Maharashtra, capped children, Mumbai, fund of Turner Morrison House, Maharashtra ; likely to Rs. 80.00 lakhs. 16, Bank Street, cost Rs. 110.00 lakhs. Mumbai-400023.

4. SARD Organisation Setting up and running of-- Rs. 34.80 lakhs. (Social Action for Rural (a) training-cum-production Development unit for making of envelopes Organisation), L-1, 322/A, at Mysore ; 5th Cross, Sharda Devi (b) Nikitha Convent School at Nagar, Mysore-570023. Janatha Nagar, Mysore ; (c) training-cum-production unit for making exercise note books at Mysore ; and (d) training-cum-production unit for vermi-compost at Mysore, likely to cost Rs. 34.80 lakhs.

5. Chiranabin, Village- Running of Rural Health Rs. 10.50 lakhs. Parbakshi, P. O. Bakshi, Project at Amta II Block, District Howrah, Howrah District, West Bengal ; West Bengal. likely to cost Rs. 11.82 lakhs.

6. M. R. Morarka--GDC Rural Rural Development at Nawal- Rs. 207.65 lakhs. Research Foundation, garh Block of Jhunjhunu Chartered Bank Buildings, District and Shekhawati II Floor, M. G. Road, Fort, Region comprising Jhunjhunu, Mumbai-400001. Sikar and Churu Districts of Rajasthan ; likely to cost Rs. 309.65 lakhs.

7. Narottam Lalbhai Devel- Socio-economic development Rs. 82.60 lakhs. opment Fund, Anandji programmes for weaker Kalyanji Blocks, Near sections of the society at Asarwa Railway Station, villages of Khedbrahma, Naroda Road, Idar, Lunawada, Limbdi, Ahmedabad-25. Vadgamda blocks of Sabarkantha, Surendranagar and Panchmahal Districts of Gujarat ; likely to cost Rs. 476.88 lakhs.

8. Global Hospital and Construction and running of Rs. 61.27 lakhs Research Centre, 102, hospital at Mount Abu, Dis- plus a corpus Om Shanti, 48, Swastik trict Sirohi, Rajasthan ; likely fund to Rs. 500 Society, N. S. Road, No. to cost Rs. 1,000 lakhs. lakhs. 3, Vile Parle (W), Mumbai-400003.

9. Impact India Foundation, Running of "Lifeline Express" Rs. 192.52 lakhs. C/o UNDP, Ravindra --the hospital on wheels all Mansion, Dinsha Vachha over India on rail track of Indian Road, Mumbai-400020. Railways ; likely to cost Rs. 192.52 lakhs.

10. The Society for the Rehab- Purchase of equipments for Rs. 400.00 lakhs. ilitation of Crippled Child- children's orthopaedic hospi- ren, Opposite Willingdon tal, furnishing and running of Sports Club, Hajiali Park, the said hospital for diagnosis, Clerk Road, Mahaluxmi, treatment and rehabilitation of Mumbai-400034. handicapped children at Mumbai, Maharashtra ; likely to cost Rs. 400.00 lakhs.

11. Socio-economic Develop- Home for the Orphan children Rs. 24.27 lakhs. ment Corporation (Trust), "Dreamland" at Kerwadi and Post Kerwadi, Taluk-Palam, surrounding Villages in District District Parbhani, Parbhani, Maharashtra ; likely Maharashtra-431720. to cost Rs. 59.57 lakhs.

12. Navsari Lions Sarvajanik Purchase of equipments for Rs. 156.80 lakhs. Charitable Trust, Ashapuri Manilal Rikhavchand Kothari Road, Dudhia Talav, Lions Orthopaedic and General Navsari, Gujarat-396445. Hospital and running of the said hospital at Navsari, Gujarat ; likely to cost Rs. 156.80 lakhs. -------

2. This notification shall remain in force for a period of three years in relation to the assessment years 1998-99, 1999-2000 and 2000-2001 in respect of all projects or schemes mentioned in the notification.

[No. 10432/F. No. NC.95/97

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. 699E · Notification No. 695E →

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.