Notification No. 247/2015 [F.No.V.27015/3/2015-SO(NAT.COM)] / SO 3057(E)

What this is

Notification No. 247/2015 [F.No.V.27015/3/2015-SO(NAT.COM)] / SO 3057(E) was published on 10 November 2015. Its subject is New Delhi, the 10th November, 2015.

What it does

In exercise of the powers under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961, the Central Government specifies the project "Ensuring Children Learn", carried out by Naandi Foundation, Hyderabad, as an eligible project or scheme for a further period of three years commencing with the financial year 2015-16, that is 2015-16, 2016-17 and 2017-18. It also amends notification S.O. 1250(E) dated 18 May 2009 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, "Rs. 3.45 crore" is substituted by "Rs. 6.77 crore".

Why it was issued

The National Committee for Promotion of Social and Economic Welfare, satisfied that the project is being executed properly, recommended under sub-rule (5) of rule 11M of the Income-tax Rules, 1962 that it be extended for a further three years and that the project cost be amended from Rs. 3.45 crore to Rs. 6.77 crore.

Who it reaches

• Naandi Foundation, Hyderabad
• Donors claiming deduction under section 35AC for payments to the project
• The National Committee for Promotion of Social and Economic Welfare
• Assessing Officers allowing the deduction against the enhanced ceiling

The provisions it speaks to

The instrument, as the Board published it

NOTIFICATION
New Delhi, the 10th November, 2015
S.O. 3057(E).—Whereas by notification of the Government of India in the Ministry of Finance (Department of
Revenue) number S.O. No. 1250 (E) dated 18.05.2009, 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, "Ensuring Children Learn"
by "Naandi Foundation, 502, Trendset Towers, Road 2, Banjara Hills, Hyderabad 500- 034", as an eligible project or
scheme for a period of three years at the projected cost of Rs.3.45 crore ending with financial year 2011-12 and which
was extended further vide notification number S.O. 3183(E) dated the 17.10.2013 for a period of three years ending with
financial year 2014-15;
And whereas the said project or scheme is likely to extend beyond six years;
And whereas the project cost is likely to enhance from Rs. 3.45 crore to Rs. 6.77 crore;
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 and amending the
projct cost from Rs. 3.45 crore to Rs. 6.77 crore;
32 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
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
"Ensuring Children Learn", which is being carried out by "Naandi Foundation, 502, Trendset Towers, Road 2, Banjara
Hills, Hyderabad 500- 034, as an eligible project or scheme for a further period of three years commencing with financial
year 2015-16 i.e 2015-16, 2016-17 & 2017-18 and;
(b) further amends the said notification number S.O. 1250 (E) dated 18.05.2009, 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 word "Rs. 3.45 crore", the letters, figures
and word "Rs. 6.77 crore" shall be substituted.
[No.247/2015 / F.No.V. 27015/3/2015-SO (NAT.COM)]
MAKKHAN LAL MEENA, Dy. Secy. (National Committee)

What it changes

From when

financial year 2015-16.

What to watch

• The extension runs for three years commencing with financial year 2015-16, that is 2015-16, 2016-17 and 2017-18.
• The ceiling on the cost allowable as deduction under section 35AC rises from Rs. 3.45 crore to Rs. 6.77 crore, so donations beyond the earlier ceiling can now be allowed.
• The amendment operates on the Table at serial number 10 of S.O. 1250(E) dated 18 May 2009, which must be read as so amended.
• The project had already been extended once, by S.O. 3183(E) dated 17 October 2013 for three years ending with financial year 2014-15, and is recorded as likely to extend beyond six years.

Where you meet it

In the deduction claimed by a donor under section 35AC in the return of income for financial years 2015-16 to 2017-18, and in the Foundation's certificate 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

• Notification No. 6/2026 — Order under clause iia of sub section 1 of section 35 of the income tax act 1961 read with rule 5F of the income tax rul 12 May 2026
• Notification No. 43/2026 [F. No. 203/11/2025/ITA-II] / SO 1659(E) — इिु बाला, उप सजचि 30 March 2026
• Notification No. 42/2026 [F. No 203/09/2025/ITA-II] / SO 1658(E) — इिुबाला, उप सजचि 30 March 2026
• Notification No. 40/2026 [F. No. 203/07/2025/ITA-II] / SO 1657(E) — Ministry of Finance 30 March 2026
• Notification No. 5/2026 — Order under clause iia of sub section 1 of section 35 of the income tax act 1961 read with rule 5F of the income tax rul 23 March 2026
• Notification No. 24/2026 [F. No. 203/13/2025/ITA-II] / SO 1491(E) — Ministry of Finance 20 March 2026

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