Case law › Notifications › 2015 › Notification No.205/2015 [F.No.V.27015/2/2015-SO (NAT.COM)] / SO 1992(E)

Notification 20 July 2015

Notification No.205/2015 [F.No.V.27015/2/2015-SO (NAT.COM)] / SO 1992(E)

Section 35AC of the Income-tax Act, 1961 - Eligible Projects or Schemes, Expenditure on - Notified Eligible Projects or Schemes - Indian Centre for Plastics in the Environment, Mumbai

What this is

Notification No.205/2015 [F.No.V.27015/2/2015-SO (NAT.COM)] / SO 1992(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 - Indian Centre for Plastics in the Environment, Mumbai.

What it does

The notification continues the project 'Recycle Recover Reuse of plastic waste in an eco-friendly manner', carried out by the Indian Centre for Plastics in the Environment, Mumbai, as an eligible project or scheme under sub-section (1) read with clause (b) of the Explanation to section 35AC. The project was first notified at serial number 10 of S.O. 1124(E) dated 29 October 2003 and has been extended three times since. It is specified for a further three years without any change in the approved cost of Rs. 20.00 crore.

Why it was issued

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

Who it reaches

Indian Centre for Plastics in the Environment, Mumbai
donors claiming deduction under section 35AC for this project
assessing officers verifying such claims

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 Act	Now
s.35AC	no counterpart recorded

The instrument, as the Board published it

The words below are the department’s own, reproduced from its published text. Where the department’s copy carried a publisher’s notes after the instrument, those are not reproduced.

SECTION 35AC OF THE INCOME-TAX ACT, 1961 - ELIGIBLE PROJECTS OR SCHEMES, EXPENDITURE ON - NOTIFIED ELIGIBLE PROJECTS OR SCHEMES - INDIAN CENTRE FOR PLASTICS IN THE ENVIRONMENT, MUMBAI
NOTIFICATION NO.205/2015 [F.NO.V.27015/2/2015-SO (NAT.COM)]/SO 1992(E), DATED 20-7-2015
Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.1124(E) dated the 29th October, 2003, 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, "Recycle Recover Reuse of plastic waste in an eco-friendly manner" by "Indian Centre for Plastics in the Environment, 2nd Floor, Kushesh Mansion, 22, Cawasji Patel Street and 48/54, Janmabhoomi Marg, Fort Mumbai - 400001", as an eligible project or scheme for a period of three years beginning with assessment year 2004-2005, which was extended further vide notification number S.O.1424(E) dated the 4th October, 2006 for a period of three years beginning with financial year 2006-2007, which was extended further vide notification number S.O.1262(E) dated the 18th May, 2009 for a period of three years beginning with financial year 2009-2010 and which was extended further vide notification number S.O.663(E) dated the 12th March, 2013 for a period of three years beginning with financial year 2012-2013;
And whereas by notification number S.O.1424(E) dated 4th October, 2006 the address of the institution was changed;
And whereas by notification number S.O. 2605 (E) dated 14th October, 2009, the cost was enhanced from Rs. 10.00 crore to Rs. 20.00 crore;
And whereas the said project or scheme is likely to extend beyond twelve 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 specifying 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 specifies the scheme or project "Recycle Recover Reuse of plastic waste in an eco-friendly manner", which is being carried out by "Indian Centre for Plastics in the Environment, 2nd Floor, Kushesh Mansion, 22, Cawasji Patel Street and 48/54, Janmabhoomi Marg, Fort Mumbai–400001", without any change in the approved cost of Rs. 20.00 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 & 2017-18.
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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 Rules	Now, in the 2026 Rules
Rule 11M	no counterpart recorded

From when

financial year 2015-16.

What to watch

The extension covers the financial years 2015-16, 2016-17 and 2017-18 and no later year.
The approved cost stays at Rs. 20.00 crore, the figure to which it was enhanced from Rs. 10.00 crore by S.O. 2605(E) dated 14 October 2009.
The address of the institution was changed by S.O. 1424(E) dated 4 October 2006, so older certificates may carry a different address.

Where you meet it

A reader meets this when a donor's deduction under section 35AC for a payment to this project is examined in assessment, or when the Centre issues its certificate of payment to donors.

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. 3/2022 — Specifying forms returns statements reports orders by whatever name called prescribed in appendix ii to be furnished ele 16 July 2022
Notification No. 2/2019 [F. No. V. 27013/3/2018-SO(NAT.COM)]/SO 3122(E) — Ministry of Finance 28 August 2019
Notification No. 1/2019 [F. No. V. 27013/3/2018-SO(NAT.COM)] / SO 1706(E) — Ministry of Finance 8 May 2019
Notification No. S.O. 1706 [No. 1/2019 (F.No.V.27013/3/2018-SO(nat.com)] — Section 35AC of the Income-tax Act, 1961, read with rule 11G of the Income-tax Rules, 1962 - Eligible Projects or Scheme 8 May 2019
Notification No. 2/2018 [F.No.V.27013/3/2018-SO(NAT.COM)] SO 5160(E) — Ministry of Finance 5 October 2018
Notification No. 1/2018 [F.No.V.27013/3/2018-SO(NAT.COM)] / SO 1658(E) — MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 17th April, 2018 S.O 17 April 2018

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.