Section 35AC of the Income-tax Act, 1961 - Eligible Projects or Schemes, Expenditure on - Notified Eligible Projects or Schemes - Global Hospital & Research Centre, Mumbai
Notification No.184/2015 [F.No.V.27015/2/2015-SO (NAT.COM)] / SO 1971(E) was published on 20 July 2015. Its subject is Section 35AC of the Income-tax Act, 1961 - Eligible Projects or Schemes, Expenditure on - Notified Eligible Projects or Schemes - Global Hospital & Research Centre, Mumbai.
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 "Construction and running of J. Watumull Global Hospital & Research Centre at Mount Abu, District Sirohi, Rajasthan" carried out by Global Hospital & Research Centre, 102, Om Shanti, 48, Swastik Society, N.S. Road No. 3, Vile Parle (W), Mumbai-400003, as an eligible project or scheme for a further period of three years commencing with financial year 2015-16, that is 2015-16, 2016-17 and 2017-18. The approved cost is unchanged at Rs. 3100.00 lakh including a corpus of Rs. 500 lakh. The project was first specified at serial number 8 of S.O. 698(E) dated 3 October 1997 for three years beginning with assessment year 1998-99 and has been extended by S.O. 863(E) dated 21 September 2000, S.O. 1126(E) dated 29 September 2003, S.O. 241(E) dated 15 February 2007, S.O. 842(E) dated 25 March 2009 and S.O. 1085(E) dated 14 May 2012.
The project or scheme is likely to extend beyond eighteen years, and the National Committee for Promotion of Social and Economic Welfare, satisfied that it is being executed properly, made a further recommendation under sub-rule (5) of rule 11M of the Income-tax Rules, 1962 for extending it by three years.
| Under the 1961 Act | Now |
|---|---|
| s.35AC | no counterpart recorded |
SECTION 35AC OF THE INCOME-TAX ACT, 1961 - ELIGIBLE PROJECTS OR SCHEMES, EXPENDITURE ON - NOTIFIED ELIGIBLE PROJECTS OR SCHEMES - GLOBAL HOSPITAL & RESEARCH CENTRE, MUMBAI
NOTIFICATION NO.184/2015 [F.NO.V.27015/2/2015-SO (NAT.COM)]/SO 1971(E), DATED 20-7-2015
Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue), number S.O.698(E) dated the 3rd October, 1997, 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 8, "Construction and running of J.Watumull Global Hospital & Research Centre at Mount Abu, District Sirohi, Rajasthan", by "Global Hospital & Research Centre, 102, Om Shanti, 48, Swastik Society, N.S. Road No.3, Vile Parle (W), Mumbai-400003", as an eligible project or scheme for a period of three years beginning with assessment year 1998-1999, which was extended further vide notification number S.O.863(E) dated the 21st September, 2000 for a period of three years beginning with assessment year 2001-2002, which was extended further vide notification number S.O.1126(E) dated the 29th September, 2003 for a period of three years beginning with assessment year 2004-2005, which was extended further vide notification number S.O.241(E) dated the 15th February, 2007 for a period of three years beginning with financial year 2006-2007, which was extended further vide notification number S.O. 842(E) dated 25th March, 2009 for a period of three years beginning with financial year 2009-10 and which was extended further vide notification number S.O. 1085(E) dated 14th May, 2012 for a period of three years beginning with financial year 2012-13;
And whereas by notification number S.O.241(E) dated the 15th February, 2007 the estimated cost was enhanced from Rs.61.27 lakh plus a corpus fund of Rs. 500.00 lakh to Rs. 1361.27 lakh including a corpus fund of Rs.500.00 lakh and whereas by notification number S.O. 1085 (E) dated 14th May, 2012 2007 the estimated cost was further enhanced from Rs. 1361.27 lakh including a corpus of Rs. 500 lakh to Rs. 3100.00 lakh including a corpus of Rs. 500 lakh;
And whereas the said project or scheme is likely to extend beyond eighteen 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), (a) hereby notifies the scheme or project , "Construction and running of J.Watumull Global Hospital & Research Centre at Mount Abu, District Sirohi, Rajasthan" which is being carried out by "Global Hospital & Research Centre, 102, Om Shanti, 48, Swastik Society, N.S. Road No.3, Vile Parle (W), Mumbai-400003", as an eligible project or scheme without any change in the approved cost of Rs. 3100.00 lakh including a corpus of Rs. 500 lakh, for a further period of three years commencing with financial year 2015-16 i.e. 2015-16, 2016-17 and 2017-18.
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| Rule of the 1962 Rules | Now, in the 2026 Rules |
|---|---|
| Rule 11M | no counterpart recorded |
financial year 2015-16.
In a donor's return claiming deduction under section 35AC and in the certificate issued by the Centre for the year of payment.
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.185/2015 [F.No.V.27015/2/2015-SO (NAT.COM)] / SO 1972(E) · Notification No.183/2015 [F.No.V.27015/2/2015-SO (NAT.COM)] / SO 1970(E) →
Source: the Income Tax Department’s own published text — its page for this instrument.