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Case law › Notifications › 1999 › Notification No. 10847
Notification 1 April 1999

Notification No. 10847

A notification under section 35AC of the Income-tax Act, 1961

What this is

Notification No. 10847 was published on 1 April 1999. Its subject is A notification under section 35AC of the Income-tax Act, 1961.

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. 193(E) dated 14th March, 1996 (published at (1996) 131 CTR (St) 37], 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 2---Setting up of common Effluent Treatment Plant at MIDC, Industrial Area, Taloja, District Raigad, Maharashtra, of Taloja CETP Co-operative Society Limited, P-24, MIDC., Taloja, Taluqa Panvel, Raigad, Maharashtra, as an eligible project or scheme for a period of two years beginning with assessment year 1997-98 which was further extended by a period of one more year in relation to assessment year 1999-2000;

And whereas by notification number S.O. 704(E) dated 3rd October, 1997 [published at (1997) 142 CTR (St) 70], the estimated cost was enhanced from rupees one crore thirty-six lakhs ninty thousand to rupees one crore seventy-five lakhs only;

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 one more year ;

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), hereby specifies the scheme or project of setting up of common Effluent Treatment Plant at MIDC, Industrial Area, Taloja, District Raigad, Maharashtra, which is being carried out by Taloja CETP Co-operative Society Limited, P.24, MIDC, Taloja, Taluqa Panvel, Raigad, Maharashtra, at the estimated cost of rupees one crore seventy-five lakhs only as an eligible project or scheme for a further period of one assessment years in relation to assessment year 2000-2001.

[F.No. NC-1/99]

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. 10848  ·  Notification No. 10846 →

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.