Section 35AC, read with Explanation (b) thereto, of the Income-tax Act, 1961 - Eligible projects or schemes, expenditure on - Notified eligible projects or schemes
Notification No. 8/2009 [S.O.641(E)] was published on 22 March 2010. Its subject is Section 35AC, read with Explanation (b) thereto, of the Income-tax Act, 1961 - Eligible projects or schemes, expenditure on - Notified eligible projects or schemes.
| Under the 1961 Act | Now |
|---|---|
| s.35AC | no counterpart recorded |
Section 35AC, read with Explanation (b) thereto, of the Income-tax Act, 1961 - Eligible projects or schemes, expenditure on - Notified eligible projects or schemes
NOTIFICATION NO. 8/2009 [F. NO. V-27015/5/2009-SO (NAT.COM)]/S.O. 641(E), DATED 22-3-2010
WHEREAS by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 998(E), dated the 5th July, 2006, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial number 17, "Running of Jakhania Primary School (English and Gujarati medium). Running of Rudrani Primary School, establishment of school premises at Jakhania village with residential facility. Running of vocational training programme at Jakhania village, Running of hospital and medical facilities at Jakhania village and in rural area, construction of hostel accommodation for destitute women/handicapped individuals" by Veerayatan Jakhania, Bhuj—Mandvi Road, at Post Talwana, Taluka Mandvi-Kutch (Gujarat) - 370460, as an eligible project or scheme for a period of three years beginning with financial year 2006-07;
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 extending 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 notifies the scheme or project Running of Jakhania Primary school (English and Gujarati medium), Running of Rudrani Primary School, Establishment of school premises at Jakhania village with residential facility, Running of vocational training programme at Jakhania village, Running of hospital and medical facilities at Jakhania village and in rural area, Construction of hostel accommodation for destitute women handicapped individuals by Veerayatan Jakhania, Bhuj—Mandvi Road, at Post Talwana, Taluka Mandvi-Kutch (Gujarat) - 370460, without any change in the approved cost of Rs. 5.95 crore, as an eligible project or scheme for a further period of three years commencing with financial year 2009-10. i.e., 2009-10, 2010-11 and 2011-12.
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.
Source: the Income Tax Department’s own published text — its page for this instrument.