Section 35AC of the Income-tax Act, 1961 - Eligible Projects or Schemes, Expenditure on - Notified Eligible Projects or Schemes - Dr.babasaheb Ambedkar Vaidyakiya Pratisthan, Aurangabad
Notification No.190/2015 [F.No.V.27015/2/2015-SO (NAT.COM)] / SO 1977(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 - Dr.babasaheb Ambedkar Vaidyakiya Pratisthan, Aurangabad.
The notification does not extend a project's period; it amends the cost ceiling of one already notified. It amends notification S.O. 1052(E) dated 11 May 2010 so that, in the Table against serial number (10), in column (4) relating to the maximum amount of cost to be allowed as deduction under section 35AC, the figure 'Rs. 2000 lakh' is substituted by 'Rs. 4000 lakh'. The project is 'Jeevanjyoti-The Healing Touch Expansion project' carried out by Dr. Babasaheb Ambedkar Vaidyakiya Pratisthan, Aurangabad, and the enhanced cost applies for the already approved period, that is, up to financial year 2015-16.
The project cost was likely to increase from Rs. 2000 lakh to Rs. 4000 lakh, and the National Committee for Promotion of Social and Economic Welfare, satisfied that the project was being executed properly, recommended the enhancement under sub-rule (5) of rule 11M of the Income-tax Rules, 1962.
SECTION 35AC OF THE INCOME-TAX ACT, 1961 - ELIGIBLE PROJECTS OR SCHEMES, EXPENDITURE ON - NOTIFIED ELIGIBLE PROJECTS OR SCHEMES - DR.BABASAHEB AMBEDKAR VAIDYAKIYA PRATISTHAN, AURANGABAD
NOTIFICATION NO.190/2015 [F.NO.V.27015/2/2015-SO (NAT.COM)]/SO 1977(E), DATED 20-7-2015
Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.1052(E) dated 11.5.2010 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 10, "Jeevanjyoti-The Healing Touch Expansion project" 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.1880.66 lakh, for a period of three years ending with financial year 2012-13 and which was further extending vide notification number S.O. 643(E) dated 12.3.2013 for a further period of three years ending with financial year 2015-16;
And whereas by notification number S.O.1939(E) dated the 31st July, 2014 the estimated cost was enhanced from Rs.1880.66 lakh to Rs. 2000 lakh;
And whereas the project cost is likely to enhance from Rs.2000 lakh to Rs.4000 lakh;
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 enhancing the project cost from Rs.2000 lakh to Rs.4000 lakh for the approved period i.e. upto financial years 2015-16;
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.1052(E) dated 11.5.2010, to the following effect, namely:-
'In the said notification, in the Table against serial number (10), in column (4), relating to maximum amount of cost to be allowed as deduction under section 35 AC, for the letters, figures and words "Rs. 2000 lakh", the letters, figures and words "Rs. 4000 lakh" shall be substituted'.
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| Rule of the 1962 Rules | Now, in the 2026 Rules |
|---|---|
| Rule 11M | no counterpart recorded |
A reader meets this when testing whether donations to the project, taken together, remain within the notified ceiling for deduction under section 35AC in an assessment.
Suppose payments already certified against this project up to the date of the notification total Rs. 1950 lakh. Under the ceiling as it stood, only Rs. 50 lakh of further cost could be allowed as deduction under section 35AC. With 'Rs. 2000 lakh' substituted by 'Rs. 4000 lakh', a further Rs. 2050 lakh of cost may be allowed, but still only within the approved period ending with 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.191/2015 [F.No.V.27015/2/2015-SO (NAT.COM)] / SO 1978(E) · Notification No.189/2015 [F.No.V.27015/2/2015-SO (NAT.COM)] / SO 1976(E) →
Source: the Income Tax Department’s own published text — its page for this instrument.