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Case law › Notifications › 2006 › Notification No. 304
Notification 26 October 2006

Notification No. 304

Scheme or project for Health care project specified under section 35AC

What this is

Notification No. 304 was published on 26 October 2006. Its subject is Scheme or project for Health care project specified under section 35AC.

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.

NOTIFICATION NO. 304/2006,DATED 26-10-2006

Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue), number S.O. 708(E), dated the 25th May, 2005, 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 5, for Health care project by Umeed Khanna Foundation, 2, Shanty Farms, Village Sahoorpur, Chandan Hola, New Delhi, as an eligible project or scheme for a period of three years beginning with assessment year 2005-06;
And whereas the said project or scheme is likely to extend beyond three years;
And whereas the National Committee for 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 amending the name and address from "Umeed Khanna Foundation, 2, Shanty Farms, Village Sahoorpur, Chandan Hola, New Delhi 30" to "Umeed, 208-216, DDA Commercial Complex, Aurobindo Place Market, Hauz Khas, New Delhi-110016";
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 Health care project, which is being carried out by Umeed Khanna Foundation, 2 Shanty Farms, Village Sahoorpur, Chandan Hola, New Delhi without any change in the approved cost of Rs.4.50 crores; and
(b) further amends the said notification number S.O. 708(E), dated the 25th August, 2005, to the following effect, namely :-
In the said notification, in the Table against serial number 5, for the entry relating thereto in column (2) of the said Table, the following entry shall be substituted, namely :-
"Umeed, 208-216, DDA Commercial Complex, Aurobindo Place Market, Hauz Khas, New Delhi-110016".
[F. No. NC-274/03/2006]

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. 305  ·  Notification No. 303 →

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.