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Case law › Notifications › 2005 › Notification No. 102
Notification 23 March 2005

Notification No. 102

SO. (E).- Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.422(E) dated the 19th May, 1998, issued under sub-section (1) read with clause (b) of the Explana

What this is

Notification No. 102 was published on 23 March 2005. Its subject is SO. (E).- Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.422(E) dated the 19th May, 1998, issued under sub-section (1) read with clause (b) of the Explana.

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.35s.45, s.66
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.

NOTIFICATION NO. 102/2005, DATED 23-3-2005

SO. (E).- Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.422(E) dated the 19th May, 1998, issued under sub-section (1) read with clause (b) of the Explanation to section 35 AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 6, for Running of Health Care and Education activities in Gujarat and Maharashtra, by Sundeep Foundation, 118, Jolly Bhavan No. 1, 10, New Marine Lines, Mumbai-400020, as an eligible project or scheme for a period of three years beginning with assessment year 1999-2000 which was amended further vide notification number S.O.515(E) dated the 26th May, 2000 for project of scheme "Running of Health Care and Education activities at Kutch (Gujarat)" and Dhule (Maharashtra) the words "Running" of Health Care and Education activities in Gujarat and Maharashtra" shall be substituted and which was extended further vide notification number S.O.1051(E) dated the 18th October, 2001 for a period of three years beginning with assessment year 2002-2003;
And whereas, the said project or scheme is likely to extend beyond six years;
And, whereas, the National Committee for the Promotion of Social and Economic Welfare, 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 and amending the project cost from Rs.40.00 lakhs to Rs. 70.00 lakhs;
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),-
(a) hereby specifies the scheme or project for Running of Health Care and Education activities in Gujarat and Maharashtra, which is being carried out by Sundeep Foundation, 118, Jolly Bhavan No.l, 10, New Marine Lines, Mumbai-400020 as an eligible project or scheme for a further period of three years commencing from the financial year 2004-2005; and
(b) further amends the said notification number S.O. 422(E) dated the 19th May, 1998, to the following effect, namely:-
In the said notification, in the Table against serial number 6, in column (4) relating to maximum amount of cost to be allowed as deduction under section 35AC, for the letters, figures and word "Rs.40.00 lakhs" the letters, figures and word "Rs 70.00 lakhs" shall be substituted.

[F.No.NC-270/01/2005]

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. 103  ·  Notification No. 101 →

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.