Notification No. 902E-

Companies in column (2) of the table below and specifies the eligible projects or schemes and the estimated cost thereof as mentio approved under section 35AC

What this is

Notification No. 902E- was published on 20 September 2001. Its subject is Companies in column (2) of the table below and specifies the eligible projects or schemes and the estimated cost thereof as mentio 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.

Notification No. S. O. 902(E), dated 20th September, 2001.

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 companies 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 the 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 company Project or scheme and estimated cost thereof Maximum amount of cost to be allowed as deduction under section 35AC

(1) (2) (3) (4)

1 Tata Chemicals Limited, Bombay House, 24 Homi Modi Street, Fort, Bombay-400001. Draught Relief Project of-(a) cattle camps and supply of fodder; (b) distribution of cattle feed; (c) deepening and desilting of wells; (d) augmentation of drinking water supply at Okhamandal, Gujarat, likely to cost Rs. 70 lakhs. Rs. 15.08 lakhs

2 Larsen and Tubro Limited, L&T House, N. M. Marg, Ballard Estate, Mumbai-400 001. L &T Gujarat quake rehabilitation project-Rehabilitation of people affected by earthquake in Gujarat at Nilpar and Khirai Villages, Rapar Taluka, District Kutch, Gujarat, likely to cost Rs. 500 lakhs. Rs.498 lakhs

3 Bongaigaon Refinery and Petrochemicals Limited, P.O. Dhaligaon, District Bongaigaon, Assam Welfare schemes at Bongaigaon, Kokrajhar, Golpara and Dhubri Districts of Assam, likely to cost Rs. 80 lakhs. Rs.80 lakhs

2. This notification shall remain in force for a period of one year in relation to the assessment year 2002-2003 in respect of projects mentioned at serial numbers 1 and 3 and for a period of three years in relation to the assessment years 2002-2003, 2003-2004 and 2004-2005 in respect of project mentioned at serial number 2.

[No. 273/2001/F. No. NC-83/2001]

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

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.