Case law › Notifications › 2015 › Notification No. 142/2015 [F.No.V. 27015/1/2015-SO (NAT.COM)]/SO 1572(E)

Notification 15 June 2015

Notification No. 142/2015 [F.No.V. 27015/1/2015-SO (NAT.COM)]/SO 1572(E)

New Delhi, the 15th June, 2015

What this is

Notification No. 142/2015 [F.No.V. 27015/1/2015-SO (NAT.COM)]/SO 1572(E) was published on 15 June 2015. Its subject is New Delhi, the 15th June, 2015.

What it does

Under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961, the Central Government does two things for the project "Unnati, a vocational guidance centre for the underprivileged", carried out by Sree Guruvayurappan Bhajan Samaj Trust, Tank Road, Bangalore. It notifies the project as an eligible project or scheme for a further period of three years beginning with financial year 2015-16, that is 2015-16, 2016-17 and 2017-18. It also amends the parent notification S.O. 458(E) dated 30 March 2006 so that, in the Table against serial number 2, column (4), the maximum cost allowable as a deduction under section 35AC is substituted from "Rs. 22.71 crore including a corpus fund of Rs. 15 crore" to "Rs. 23.85 crore including a corpus fund of Rs. 15 crore".

Why it was issued

The National Committee for Promotion of Social and Economic Welfare, being satisfied that the project is being executed properly, recommended under sub-rule (5) of rule 11M that the project be extended for a further period of three years and the project cost be amended from Rs. 22.71 crore including a corpus fund of Rs. 15 crore to Rs. 23.85 crore including a corpus fund of Rs. 15 crore, the project being likely to extend beyond nine years.

Who it reaches

Sree Guruvayurappan Bhajan Samaj Trust as the executing body
Donors claiming deduction under section 35AC, including corpus contributions
Assessing Officers testing a claim against the revised ceiling and the corpus limit
The National Committee monitoring execution of the project

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 Act	Now
s.35	s.45, s.66
s.35AC	no counterpart recorded

The instrument, as the Board published it

The department publishes this one only as a PDF, so the words below were read out of that PDF by machine. That reading can carry its own mistakes — a misread number, a broken line. Check the signed document before you rely on a figure in it.

NOTIFICATION
New Delhi, the 15th June, 2015
S.O. 1572 (E).—Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O.458(E) dated the 30th March, 2006, 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 notified at serial number 2, "Unnati, a vocational guidance centre for the underprivileged" by "Sree Guruvayurappan Bhajan Samaj Trust, No.1 Tank Road, Opposite Ulsoor Lake, Bangalore – 560042", as an eligible project or scheme for a period of three years beginning with financial year 2006-2007, which was extended further vide notification number S.O. 838(E) dated 25th March, 2009 for a period of three years beginning with financial year 2009-10 and which was further extended vide No. S.O. 485(E) dated 16.3.2012 for a period of three financial years starting 2012-13;

And whereas by notification number S.O. 485(E) dated 16.3.2012 the estimated cost was enhanced from Rs.10.17 crore including a corpus fund of Rs.7 crore to 22.71 crore including a corpus fund of Rs. 15 crore;

And whereas the said project or scheme is likely to extend beyond nine years;

And whereas the project cost is likely to enhance from Rs. 22.71 crore including a corpus fund of Rs. 15 crore to Rs. 23.85 crore including a corpus fund of Rs. 15 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 extending the said project or scheme for a further period of three years and amending the project cost from Rs. 22.71 crore including a corpus fund of Rs. 15 crore to Rs. 23.85 crore including a corpus fund of Rs. 15 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), (a) hereby notifies the scheme or project "Unnati, a vocational guidance centre for the underprivileged" which is being carried out by "Shree Guruvayurappan Bhajan Samaj Trust, No.1 Tank Road, Opposite Ulsoor Lake, Bangalore – 560042", as an eligible project or scheme for a further period of three years beginning with financial 2015-16, i.e. 2015-16, 2016-17 and 2017-18 and;
(b) further amends the said notification number S.O. 458(E) dated the 30th March, 2006, to the following effect, namely :—
In the said notification, in the Table against serial number 2, in column (4) relating to maximum amount of cost to be allowed as deduction under section 35 AC, for the letters, figures and word "22.71 crore including a corpus fund of Rs. 15 crore", the letters, figures and word "Rs. 23.85 crore including a corpus fund of Rs. 15 crore" shall be substituted.
[No. 142/2015 / F. No. V. 27015/1/2015-SO (NAT.COM)]

MAKKHAN LAL MEENA, Dy. Secy. (National Committee)

What it changes

The rule numbers are the 1962 Rules’ own, as the notification names them. The right-hand column is the department’s own mapping into the Income-tax Rules, 2026, which renumbered nearly everything.

Rule of the 1962 Rules	Now, in the 2026 Rules
Rule 11M	no counterpart recorded

From when

Financial year 2015-16, running to financial year 2017-18.

What to watch

The extension runs for three financial years: 2015-16, 2016-17 and 2017-18.
The ceiling rises from Rs. 22.71 crore to Rs. 23.85 crore, but the corpus fund component stays at Rs. 15 crore.
The enhancement is worked by amending the Table at serial number 2 of S.O. 458(E) dated 30 March 2006, so that notification must be read as amended.
The Trust's name is spelt both "Sree" and "Shree" in the notification; the parent notification should be relied on for the correct form.

Where you meet it

In a donor's claim to deduction under section 35AC and in the certificate issued by the Trust in support of it.

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. 6/2026 — Order under clause iia of sub section 1 of section 35 of the income tax act 1961 read with rule 5F of the income tax rul 12 May 2026
Notification No. 43/2026 [F. No. 203/11/2025/ITA-II] / SO 1659(E) — इिु बाला, उप सजचि 30 March 2026
Notification No. 42/2026 [F. No 203/09/2025/ITA-II] / SO 1658(E) — इिुबाला, उप सजचि 30 March 2026
Notification No. 40/2026 [F. No. 203/07/2025/ITA-II] / SO 1657(E) — Ministry of Finance 30 March 2026
Notification No. 5/2026 — Order under clause iia of sub section 1 of section 35 of the income tax act 1961 read with rule 5F of the income tax rul 23 March 2026
Notification No. 24/2026 [F. No. 203/13/2025/ITA-II] / SO 1491(E) — Ministry of Finance 20 March 2026

← Notification No. 141/2015 [F.No.V. 27015/1/2015-SO (NAT.COM)]/SO 1571(E) · Notification No. 143/2015 [F.No.V. 27015/1/2015-SO (NAT.COM)]/SO 1573(E) →

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.