Section 35AC of the Income-tax Act, 1961 - Eligible Projects or Schemes, Expenditure on - Notified Eligible Projects or Schemes
Notification No.265/2015 [F.No.V.27015/4/2015-SO(NAT.COM)] / SO 3033(E) was published on 7 December 2015. Its subject is Section 35AC of the Income-tax Act, 1961 - Eligible Projects or Schemes, Expenditure on - Notified Eligible Projects or Schemes.
The notification extends an eligible project under section 35AC of the Income-tax Act, 1961. The project is the "Multi Speciality Hospital and Cancer Detection Treatment Centre" carried out by Dr. Sali Medical Foundation, At & Post Manchar, Tal. Ambegaon, District Pune-410503, first notified at serial number 28 of S.O. 2366(E) dated 4 October 2012 at an estimated cost of Rs. 1300 lakh for three years ending with financial year 2014-15. The Central Government now notifies it for a further period of three years, that is financial years 2015-16, 2016-17 and 2017-18, without any change in the approved cost of Rs. 1300 lakh.
The project was likely to extend beyond three years and the National Committee for Promotion of Social and Economic Welfare, satisfied that it was being executed properly, recommended extension 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
NOTIFICATION NO. SO 3033(E) [NO.223/2015 (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. 2366(E) dated 4.10.2012 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 28, "Multi Speciality Hospital and Cancer Detection Treatment Centre" by "Dr. Sali Medical Foundation, At & Post Manchar, Tal. Ambegaon, District Pune-410503", as an eligible project or scheme, at the estimated cost of Rs. 1300 lakh for a period of three years ending with financial year 2014-15;
And whereas the said project or scheme is likely to extend beyond 3 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 "Multi Speciality Hospital and Cancer Detection Treatment Centre", which is being carried out by "Dr. Sali Medical Foundation, At & Post Manchar, Tal. Ambegaon, District Pune-410503", without any change in the approved cost of Rs 1300 lakh, 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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| Rule of the 1962 Rules | Now, in the 2026 Rules |
|---|---|
| Rule 11M | no counterpart recorded |
financial year 2015-16.
A donor meets it when claiming deduction under section 35AC in the return of income, supported by the certificate issued by the payee organisation; the assessing officer meets it when testing whether the project was a notified eligible project for the relevant year.
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.91/2015 [F.No.178/21/2014-ITA.I] / SO 3313(E) · Notification No.89/2015 [F. No. 133/79/2015-TPL] / GSR 923(E) →
Source: the Income Tax Department’s own published text — its page for this instrument.