New Delhi, the 15th June, 2015
Notification No. 147/2015 [F.No.V. 27015/1/2015-SO (NAT.COM)]/SO 1576(E) was published on 15 June 2015. Its subject is New Delhi, the 15th June, 2015.
Under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961, the Central Government amends its notification S.O. 1860(E) dated 11 August 2011 in respect of the project "Expansion / Renovation of already running Hospital and Healthcare centres / programs for rural poor" carried out by Dr. Babasaheb Ambedkar Vaidyakiya Pratisthan, Aurangabad, notified at serial number 9. In the Table against that serial number, in column (4) — the maximum amount of cost to be allowed as deduction under section 35AC — "Rs. 13.81 crore" is substituted by "Rs. 20.00 crore". The recitals note that the project, originally notified for three years ending with financial year 2013-14, had been extended by S.O. 1932(E) dated 31 July 2014 for three years ending with financial year 2016-17.
The recitals record that the project cost is likely to rise from Rs. 13.81 crore to Rs. 20.00 crore and that the National Committee for Promotion of Social and Economic Welfare, satisfied that the project is being executed properly, recommended under sub-rule (5) of rule 11M of the Income-tax Rules, 1962 that the project cost be amended accordingly.
NOTIFICATION
New Delhi, the 15th June, 2015
S.O. 1576 (E).—Whereas by notification of the Government of India in the Ministry of Finance (Department of
Revenue) number S.O 1860(E) dated 11.08.2011 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 9, "Expansion / Renovation of
already running Hospital and Healthcare centres / programs for rural poor" by "Dr. Babasaheb Ambedkar Vaidyakiya
Pratisthan, Opposite Gajanan Maharaj Mandir, Garkheda Parisar, Aurangabad", as an eligible project or scheme, at the
estimated cost of Rs.13.81 crore, for a period of three years ending with financial year 2013-14 and which was further
extended vide notification number S.O. 1932(E) dated 31.7.2014 for a period of three years ending with financial year
2016-17;
And whereas the project cost is likely to enhance from Rs.13.81 crore to Rs.20.00 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.13.81 crore to Rs.20.00 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. 1860(E) dated 11.08.2011, to the following effect, namely :-
In the said notification, in the Table against serial number 9, 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.13.81 crore",
the letters, figures and word "Rs.20.00 crore" shall be substituted.
[No. 147/2015 / F.No. V. 27015/1/2015-SO (NAT.COM)]
MAKKHAN LAL MEENA, Dy. Secy. (National Committee)
| Rule of the 1962 Rules | Now, in the 2026 Rules |
|---|---|
| Rule 11M | no counterpart recorded |
15 June 2015, the date of the notification.
In a donor's claim to deduction under section 35AC and the certificate issued by the Pratisthan, where the aggregate claimed against the project is tested against the notified ceiling.
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. 145/2015 [F.No.V. 27015/1/2015-SO (NAT.COM)]/SO 1575(E) · Notification No. 148/2015 [F.No.V. 27015/1/2015-SO (NAT.COM)]/SO 1577(E) →
Source: the Income Tax Department’s own published text — its page for this instrument.