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Case law › Notifications › 2001 › Notification No. 1462-
Notification 6 June 2001

Notification No. 1462-

A notification under section 10 of the Income-tax Act, 1961

What this is

Notification No. 1462- was published on 6 June 2001. Its subject is A notification under section 10 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.10s.11, s.19

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.

Notification No. S.O. 1462, dated 6th June, 2001.

It is notified for general information that enterprises listed at para. (3) below, have been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962, for the assessment years 2001-2002, 2002-2003 and 2003-2004.

2. The approval is subject to the condition that--

(i) the enterprise will conform to and comply with the provisions of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962;

(ii) the Central Government shall withdraw this approval if the enterprise-

(a) ceases to carry on infrastructure facility; or

(b) fails to maintain books of account and get such accounts audited by an accountant as required by sub-rule (7) of rule 2E of the Income-tax Rules, 1962; or

(c) fails to furnish the audit report as required by sub-rule (7) of rule 2E of the Income-tax Rules, 1962.

3. The enterprises approved are-

(i) augmentation to water supply scheme to K. R. Nagar Town with Cauveri river as source, by S. M. S. Paryavaran (P.) Ltd., under the agreement dated 13th October, 2000, between Chief Engineer, Karnataka Urban Water Supply and Drainage Board and S. M. S. Paryavaran (P.) Ltd., 216, Vats Market (behind Shiva Market), Pitampura, Delhi-110 034. (F. No. 205/ 97/99-ITA-II, Vol. I).

(ii) development of Dheeraj Presidency Housing Project at Malad, Mumbai, by Group Housing Development Corporation Private Limited, Ground Floor, Deeraj Vihar, Service Road, Village Mogra, Jogeshwari (East), Mumbai-400 060, as approved by the Brihanmumbai Mahanagar Palika (F. No. 205/22/2001-ITA-II).

(iii) development of Dheeraj Kirti Housing Project at Malad, Mumbai, by Prithvi Realtor and Capital Private Limited, Paramount, Pali Arcade, Pali Naka, Bandra (West), Mumbai-400 050, as approved by the Municipal Corporation of Greater Mumbai (F. No. 205/25/2001-ITA-II).

(iv) development of Dheeraj Upvan Housing Project at village Magathane Borivale (East), Mumbai, by Sappire Land Development Private Ltd., Ground Floor, Dheeraj Apartments, P. P. Dias Compound, Natwar Nagar, Road No. 1, Jogeshwari (East), Mumbai-400 060, as approved by the Brihanmumbai Mahanagar Palika (F. No. 205/26/2001-ITA. II).

(v) development of Dheeraj Presidency Housing Project at Borivalle, Mumbai, by Awas Developers and Constructions Private Limited, as approved by the Brihanmumbai Mahanagarpalika, Paramount Pali Arcade, Pali Naka, Bandra (West), Mumbai-400 050 (F. No. 205/27/2001-ITA-II).

[Notification No. 141/2001/F. No. 205/27/2001-ITA. II]

What it names

Rules it names. Rule 2E 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. 1463-  ·  Notification No. 484E- →

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.