Case law › Notifications › 2015 › Notification No.261/2015 [F.No.V.27015/3/2015-SO(NAT.COM)] / SO 3071(E)

Notification 10 November 2015

Notification No.261/2015 [F.No.V.27015/3/2015-SO(NAT.COM)] / SO 3071(E)

Section 35AC of the Income-tax Act, 1961 - Eligible Projects or Schemes, Expenditure on - Notified Eligible Projects or Schemes

What this is

Notification No.261/2015 [F.No.V.27015/3/2015-SO(NAT.COM)] / SO 3071(E) was published on 10 November 2015. Its subject is Section 35AC of the Income-tax Act, 1961 - Eligible Projects or Schemes, Expenditure on - Notified Eligible Projects or Schemes.

What it does

The Central Government, under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961, specifies the scheme or project for infrastructure development for "Educational, Vocational, Medical, Social & Economic Development of the disabled and SC Community" carried out by Social Service Centre, No.3/271, Bharathidasan Street, Ganapathy Nagar, Vandalur, Chennai 48, 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 left unchanged at Rs. 2.62 crore. The project stood specified at serial number 10 of S.O. 1501(E) dated 7 September 2007 for three years beginning with financial year 2007-08, was extended by S.O. 1136(E) dated 17 May 2010 for two years beginning with financial year 2010-11 and again by S.O. 1096(E) dated 14 May 2012 for three years ending with financial year 2014-15.

Why it was issued

The project or scheme is likely to extend beyond eight 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.

Who it reaches

Social Service Centre, Vandalur, Chennai
donors claiming deduction under section 35AC for payments to the project
the National Committee for Promotion of Social and Economic Welfare
assessing officers verifying the approved period and cost

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
NOTIFICATION NO. SO 3071(E) [NO.261/2015 {F.NO.V.27015/3/2015-SO (NAT.COM)}], DATED 10-11-2015
Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue), number S.O. 1501(E) dated 7th September, 2007, 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 10, for "Educational, Vocational, Medical, Social & Economic Development of the disabled and SC Community" by "Social Service Centre, No.3/271, Bharathidasan Street, Ganapathy Nagar, Vandalur, Chennai 48", as an eligible project or scheme for a period of three years beginning with financial year 2007-08, which was extended further vide notification S.O. No. 1136 (E) dated 17th May, 2010 for a period of two years beginning with the financial year 2010-11 and which was extended further vide notification number S.O. 1096(E) dated the 14.5.2012 for a period of three years ending with financial year 2014-15;
And whereas the said project or scheme is likely to extend beyond eight 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 notifying 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 for infrastructure development for "Educational, Vocational, Medical, Social & Economic Development of the disabled and SC Community" which is being carried out by "Social Service Centre, No.3/271, Bharathidasan Street, Ganapathy Nagar, Vandalur, Chennai 48", without any change in the approved cost of Rs. 2.62 crore, 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.
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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 runs from financial year 2015-16 to 2017-18 and follows on continuously from the earlier approval ending with financial year 2014-15.
There is no change in the approved cost of Rs. 2.62 crore, so the deduction remains capped at that figure.
The notification only extends the period; it does not re-notify the project afresh or alter the serial number 10 entry in S.O. 1501(E).

Where you meet it

In a donor's return of income claiming deduction under section 35AC, and in the certificate the institution issues for the year of payment.

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

← Notification No.262/2015 [F.No.V.27015/3/2015-SO(NAT.COM)] / SO 3072(E) · Notification No.260/2015 [F.No.V.27015/3/2015-SO(NAT.COM)] / SO 3070(E) →

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.