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Case law › Notifications › 1997 › Notification No. 700E
Notification 3 October 1997

Notification No. 700E

Scheme or project of (a) construction specified under section 35AC

What this is

Notification No. 700E was published on 3 October 1997. Its subject is Scheme or project of (a) construction specified 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 ActNow
s.35ACno 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 number S. O. 471(E), dated 26th May, 1995, issued under sub-section (1) read with clause (b) of Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 1, (a) construction, furnishing and running of free school and hostel for destitute and rural blind children ; (b) construction, furnishing and running of rural Geriatric Block for 50 destitutes ; (c) primary health centre for rural poor children ; and (d) community kitchen and dinning hall for inmates at Tiruchanur village, Tirupati Rural, Andhra Pradesh and Navjeevan Blind Relief Centre (Regd.) 2-21A, Saptagiri Ashram, Tiruchanur Village and Post Tirupati Rural-517503, as an eligible project or scheme for a period of three years commencing from the assessment year 1996-97 ;

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

Now, therefore, the Central Government, in exercise of the powers conferred by sub-section (1) read with clause (b) of Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of (a) construction, furnishing and running of free school and hostel for 50 destitute and rural blind children ; (b) construction, furnishing and running of rural Geriatric Block for 50 destitutes ; (c) primary health centre for rural poor children ; and (d) community kitchen and dinning hall for inmates at Tiruchanur village, Tirupati Rural, Andhra Pradesh and Navjeevan Blind Relief Centre (Regd.) 2-21A, Saptagiri Ashram, Tiruchanur Village and Post Tirupati Rural-517503, at the estimated cost of rupees one hundred lakh ten thousand only as an eligible project or scheme for a further period of three assessment years, commencing from the assessment year 1999-2000.

[No. 10434/ F. No. NC-95/97

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. 701E  ·  Notification No. 699E →

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.