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Case law › Notifications › 2001 › Notification No. 5-
Notification 10 January 2001

Notification No. 5-

Institutions mentioned in column (2) of the Table below approved under section 35AC

What this is

Notification No. 5- was published on 10 January 2001. Its subject is Institutions mentioned in column (2) of the Table below 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 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.

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 mentioned 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 specifies in column (4) of the said Table, the maximum amount of such cost which may be allowed as deduction under the said section 35AC, namely:

TABLE ------- Sl. No. Name of the Project or scheme and Maximum amount Institution estimated cost thereof of cost to be allowed as deduction under section 35AC ------ (1) (2) (3) (4) ------ 1 Shree Pragati Purchase of medical Rs. 1,070.00 lakhs Foundation, Ganesh and non-medical including a corpus Gavde Road, equipments, vehicles, fund of Rs. 500.00 Mulund (West), furnishing and running lakhs. Mumbai-400080. of hospital at Village Mulund (West), Mumbai, likely to cost Rs. 1070.00 lakhs including a corpus fund of Rs. 500.00 lakhs.

2 Bharat Sevashram Tribal Welfare Project--- Rs. 277.00 lakhs Sangha, 211, Rash construction of building Behari Avenue, for dispensary, schools, Calcutta-700019. hostel, small scale industries, technical training/vocational training Institute, cultural hall, Ashram complex, residential quarters, water tank etc. at Gangpur District Navsari, Gujarat likely to cost Rs. 295.65 lakhs.

3 Dr. G.S. Land Development, Rs. 1,132.26 lakhs Kalyanasundaram construction of including a corpus Charities, No. 1, II building, furnishing, fund of Rs. 700 Street, Customs purchase of vehicles, lakhs. Colony, Besant equipments and Nagar, Chennai--- running of senior 600090. citizens home at Uthandi, Chennai, Tamilnadu, likely to cost Rs. 1,175.00 lakhs including a corpus fund of Rs. 700.00 lakhs. --------

2. This notification shall remain in force for a period of three years in relation to assessment years 2001-2002, 2002-2003 and 2003-2004 in respect of projects or schemes mentioned in the Table.

[F. No. NC 127/2000]

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. 6-  ·  Notification No. 4- →

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.