Section 35AC of the Income-tax Act, 1961 - Eligible Projects or Schemes, Expenditure on - Notified Eligible Projects or Schemes - Sevasangh, Gujarat
Notification No.197/2015 [F.No.V.27015/2/2015-SO (NAT.COM)] / SO 1984(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 - Sevasangh, Gujarat.
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 "Hospital project" carried out by Sevasangh, Sarvajanik Hospital Trust, Modasa - 383315, District Sabarkantha, Gujarat, 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, without any change in the approved cost of Rs. 2 crore including a corpus fund of Rs. 1 crore. The project stood notified at serial number 16 of S.O. 458(E) dated 30 March 2006 for three years beginning with financial year 2006-07, was extended by S.O. 2037(E) dated 6 August 2009 and again by S.O. 474(E) dated 16 March 2012 for three years beginning with financial year 2012-13. Its estimated cost had been enhanced by S.O. 3065(E) dated 30 December 2010 from Rs. 1 crore including a corpus fund of Rs. 50.00 lakh to Rs. 2 crore including a corpus fund of Rs. 1 crore.
The project or scheme is likely to extend beyond nine years, and the National Committee for Promotion of Social and Economic Welfare, satisfied that it is being executed properly, recommended a further period of three years under sub-rule (5) of rule 11M of the Income-tax Rules, 1962.
| 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 - SEVASANGH, GUJARAT
NOTIFICATION NO.197/2015 [F.NO.V.27015/2/2015-SO (NAT.COM)]/SO 1984(E), DATED 20-7-2015
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 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 16, "Hospital project" by "Sevasangh, Sarvajanik Hospital Trust, Modasa - 383315, District Sabarkantha, Gujarat", 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. 2037(E) dated the 6th August, 2009 for a period of three years beginning with financial year 2009-10 and which was extended further vide notification number S.O. 474(E) dated the 16th March, 2012 for a period of three years beginning with financial year 2012-13;
And whereas by notification number S.O.3065(E) dated the 30th December, 2010 the estimated cost was enhanced from Rs. 1 crore including corpus fund of 50.00 lakh to Rs. 2 crore including corpus fund of Rs. 1 crore.
And whereas the said project or scheme is likely to extend beyond nine 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), hereby notifies the scheme or project "Hospital project" which is being carried out by " Sevasangh Sarvajanik Hospital Trust, Modasa - 383315, District Sabarkantha, Gujarat", without any change in the approved cost of Rs. 2 crore including corpus fund of Rs. 1 crore, as an eligible project or scheme for a further period of three years commencing with the 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 Trust 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.
Source: the Income Tax Department’s own published text — its page for this instrument.