Section 35AC, read with Explanation (b) thereto, of the Income-tax Act, 1961 - Eligible Projects or Schemes, Expenditure on - Notified Eligible Projects or Schemes - LOK Kalyan Samiti, NEW Delhi
Notification No.131/2015 [F.No.V.27015/1/2015-SO(NAT.COM)] / SO 1477(E) was published on 4 June 2015. 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 - LOK Kalyan Samiti, NEW Delhi.
The Central Government, under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961, amends notification S.O. 308(E) dated 11 May 1999 so that, in the Table against serial number 3, in column (4) relating to the maximum amount of cost to be allowed as deduction under section 35AC, "Rs. 21.00 crore" is substituted for "Rs. 10.11 crore". The project is the "Eye care programme in the National Capital Region, Delhi" carried out by Lok Kalyan Samiti, 11-A, Vishnu Digamber Marg, Rouse Avenue, New Delhi-110002. This notification enhances the cost only; the running approval is the one already given by S.O. 3126(E) dated 17 October 2013 for three years beginning with financial year 2013-14, that is 2013-14, 2014-15 and 2015-16.
The project cost is likely to rise from Rs. 10.11 crore to Rs. 21.00 crore, and the National Committee for Promotion of Social and Economic Welfare, satisfied that the project is being executed properly, made a further recommendation under sub-rule (5) of rule 11M of the Income-tax Rules, 1962 for amending the project cost accordingly.
SECTION 35AC, READ WITH EXPLANATION (b) THERETO, OF THE INCOME-TAX ACT, 1961 - ELIGIBLE PROJECTS OR SCHEMES, EXPENDITURE ON - NOTIFIED ELIGIBLE PROJECTS OR SCHEMES - LOK KALYAN SAMITI, NEW DELHI
NOTIFICATION NO. SO 1477(E) [NO.131/2015 (F.NO.V.27015/1/2015-SO(NAT.COM))], DATED 4-6-2015
Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O.308(E), dated the 11th May, 1999, 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 3, for "Eye care programme in the National Capital Region, Delhi" by "Lok Kalyan Samiti, 11-A, Vishnu Digamber Marg, Rouse Avenue, New Delhi-110002", as an eligible project or scheme for a period of three years beginning with assessment year 2000-2001; which was extended further vide notification number S.O.687(E), dated the 13th June, 2003 for a period of two years beginning with assessment year 2003-2004; which was extended further vide notification number S.O.136(E), dated the 2nd February, 2005 for a period of three years beginning with financial year 2004-2005; which was extended further vide notification number S.O. No. 1148(E), dated 16th July, 2007 for a period of three years beginning with financial year 2007-08; which was extended further vide S.O. No. 1139(E), dated 17.5.2010 for three years beginning with financial years 2010-11 i.e. 2010-11, 2011-12 & 2012-13 and which was extended further vide S.O. No. 3126(E), dated 17.10.2013 for three years beginning with financial years 2013-14 i.e. 2013-14, 2014-15 & 2015-16.
And whereas the project cost is likely to enhance from Rs. 10.11 crore to 21.00 crore;
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 amending the project cost from Rs 10.11 core to 21.00 crore;
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 amends the said notification number S.O.308(E), dated the 11th May, 1999, to the following effect, namely :—
In the said notification, in the Table against serial number 3, in column (4) maximum amount of cost to be allowed as deduction under section 35 AC of Income Tax Act, 1961, for the letters, figures and word "Rs. 10.11 crore", the letters, figures and word "Rs. 21.00 crore" shall be substituted.
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| Rule of the 1962 Rules | Now, in the 2026 Rules |
|---|---|
| Rule 11M | no counterpart recorded |
the date of the notification, 4 June 2015.
In a donor's return claiming deduction under section 35AC and in the certificate the Samiti issues, where the enhanced ceiling limits the aggregate that may be certified.
If donations already certified against the project total Rs. 10.11 crore, the substitution allows a further Rs. 10.89 crore to be certified within the approval running to financial year 2015-16.
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.
← Notification No.132/2015 [F.No.V.27015/1/2015-SO(NAT.COM)] / SO 1478(E) · Notification No.130/2015 [F.No.V.27015/1/2015-SO(NAT.COM)] / SO 1476(E) →
Source: the Income Tax Department’s own published text — its page for this instrument.