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Case law › Notifications › 2007 › Notification No. 132
Notification 29 March 2007

Notification No. 132

A notification under section 35AC of the Income-tax Act, 1961

What this is

Notification No. 132 was published on 29 March 2007. Its subject is A notification under section 35AC 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.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. 132/2007, DATED 29-3-2007

Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue), number S.O.887(E) dated the 22nd November, 1993, 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 1, for Construction of Eye Care Centre in Jodhpur District of Rajasthan by Smt. Tarabai Desai Charitable Opthalmic Trust, E-22, Shastri Nagar, Jodhpur, Rajasthan, as an eligible project or scheme for a period of two years beginning with assessment year 1994-1995 which was extended further vide notification number S.O.725(E) dated the 17th August, 1995 for a period of three years beginning with assessment year 1996-97 which was extended further vide notification number S.O.15(E) dated the 4th January, 2000 for a period of three years beginning with assessment year 2000-01 and which was extended further vide notification number S.O. 900(E) dated the 5th August, 2003 for a period of three years beginning with assessment year 2003-04;

AND WHEREAS the said project or scheme is likely to extend beyond Eleven 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 a further period of three years;

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), hereby specifies the scheme or project for Construction of Eye Care Centre in Jodhpur District of Rajasthan which is being carried out by Smt. Tarabai Desai Charitable Opthalmic Trust, E-22, Shastri Nagar, Jodhpur, Rajasthan, without any change in the approved cost of Rs. 108.32 lakhs, as an eligible project or scheme for a further period of three years commencing from the financial year 2006-07.

[F.No.NC-274/3/2007]

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. 133  ·  Notification No. 131 →

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.