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Case lawNotifications2015 › Notification No. 149/2015 [F.No.V. 27015/1/2015-SO (NAT.COM)]/SO 1578(E)
Notification 15 June 2015

Notification No. 149/2015 [F.No.V. 27015/1/2015-SO (NAT.COM)]/SO 1578(E)

म0 खन लाल मीना, उप सिचव(रा <ीय सिमित)

What this is

Notification No. 149/2015 [F.No.V. 27015/1/2015-SO (NAT.COM)]/SO 1578(E) was published on 15 June 2015. Its subject is म0 खन लाल मीना, उप सिचव(रा <ीय सिमित).

What it does

The Central Government, under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961, notifies the project 'Him Jyoti School', carried out by The Himalayan School Society, Dehradun, for a further three years commencing with the financial year 2015-16, that is 2015-16, 2016-17 and 2017-18. It also amends the earlier notification S.O. 1822(E) dated 26 October 2006 so that, in the Table against serial number 7, column (4), the maximum amount allowable as deduction under section 35AC is raised from Rs. 16.60 crore including a corpus fund of Rs. 12.40 crore to Rs. 22.00 crore including a corpus fund of Rs. 16.40 crore.

Why it was issued

The project was likely to extend beyond nine years and its cost was likely to increase; the National Committee for Promotion of Social and Economic Welfare, satisfied that it was being executed properly, recommended both the extension and the amendment of the project cost under sub-rule (5) of rule 11M of the Income-tax Rules, 1962.

Who it reaches

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.35s.45, s.66
s.35ACno 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.

म0 खन लाल मीना, उप सिचव(रा <ीय सिमित)
NOTIFICATION
New Delhi, the 15th June, 2015
S.O. 1578 (E).—Whereas by notification of the Government of India, in the Ministry of Finance (Department of
Revenue) number S.O.1822(E) dated the 26th October, 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 7, "Him Jyoti School" by "The Himalayan School Society, 15 A Amrit Kaur Road, Dehradun, Uttranchal –
248001", 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. 240(E) dated 21st January, 2009 for a period of three years beginning
with financial year 2009-10 and which was extended further vide notification number S.O. 667(E) dated 12th March,
2013 for a period of three years beginning with financial year 2012-13;
And whereas by notification number S.O. 240(E) dated 21st January, 2009 the estimated cost was enhanced
from Rs. 4 Crore to Rs. 16.60 crore (including a corpus fund of Rs. 12.40 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. 16.60 crore (including a corpus fund of Rs. 12.40
crore) to Rs. 22.00 crore (including a corpus fund of Rs. 16.40 crore);
And, whereas, the National Committee for the 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 16.60 crore (including a corpus fund of Rs. 12.40 crore) to Rs. 22.00 crore (including a corpus fund
of Rs. 16.40 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 "Him Jyoti School", which is being carried out by "The Himalayan School Society, 15 A Amrit Kaur Road,
Dehradun, Uttranchal – 248001", for a further period of three years commencing with financial year 2015-16, i.e.
2015-16, 2016-17 and 2017-18 and;
(b) further amends the said notification S.O. number S.O.1822(E) dated the 26th October, 2006, to the following effect,
namely :-
In the said notification, in the Table against serial number 7, 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 "from Rs 16.60
crore (including a corpus fund of Rs. 12.40 crore)", the letters, figures and word "Rs. 22.00 crore (including a corpus
fund of Rs. 16.40 crore)" shall be substituted.
[No. 149/2015 / 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 RulesNow, in the 2026 Rules
Rule 11Mno counterpart recorded

From when

Financial year 2015-16.

What to watch

Where you meet it

In a donor's claim for deduction under section 35AC and in the certificate issued by the Society for the relevant financial year.

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. 148/2015 [F.No.V. 27015/1/2015-SO (NAT.COM)]/SO 1577(E)  ·  Notification No. 150/2015 [F.No.V. 27015/1/2015-SO (NAT.COM)]/SO 1579(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.