Case law › Notifications › 2015 › Notification No. 270/2015 [F.No.V.27015/4/2015-SO (NAT.COM)] /SO 3444(E)

Notification 17 December 2015

Notification No. 270/2015 [F.No.V.27015/4/2015-SO (NAT.COM)] /SO 3444(E)

Scheme or project "Educational Development Project & corpus fund" w notified under section 35AC

What this is

Notification No. 270/2015 [F.No.V.27015/4/2015-SO (NAT.COM)] /SO 3444(E) was published on 17 December 2015. Its subject is Scheme or project "Educational Development Project & corpus fund" w notified under section 35AC.

What it does

Under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961, the Central Government notifies the scheme or project 'Educational Development Project & corpus fund' carried out by Shri Ugam Education Trust, Himmatnagar, District Sabarkantha, Gujarat, 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. There is no change in the approved cost of Rs. 3.64 crore, which includes a corpus fund of Rs. 1.50 crore. The recitals record that the project was first notified at serial number 9 by S.O. 614(E) dated 18 March 2010 for three years beginning with financial year 2009-10, extended by S.O. 2404(E) dated 9 October 2012 for three years beginning with financial year 2012-13, and that as it is likely to extend beyond six years the National Committee for Promotion of Social and Economic Welfare, satisfied that it is being executed properly, recommended a further extension under sub-rule (5) of rule 11M of the Income-tax Rules, 1962.

Who it reaches

Shri Ugam Education Trust as the executing body
donors to the project claiming deduction under section 35AC
assessing officers verifying such deduction claims
the National Committee monitoring execution of the project

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 department publishes this one only as a PDF, so the words below were read out of that PDF by machine. That reading can carry its own mistakes — a misread number, a broken line. Check the signed document before you rely on a figure in it.

NOTIFICATION
New Delhi, the 17th December, 2015
S.O. 3444(E).—Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 614 (E) dated 18th March, 2010, 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 notified at serial number 9, "Educational Development Project & corpus fund" by "Shri Ugam Education Trust, 60, Shardakunj Society, Motipura Road, Ta Himmatnagar, District Sabarkantha, Gujarat 383001", as an eligible project or scheme for a period of three years beginning with financial year 2009-10 and which was extended further vide notification number S.O. 2404(E) dated 9th October, 2012 for three years beginning with financial year 2012-13;
And whereas the said project or scheme is likely to extend beyond six 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 "Educational Development Project & corpus fund" which is being carried out by "Shri Ugam Education Trust, 60, Shardakunj Society, Motipura Road, Ta Himmatnagar, District Sabarkantha, Gujarat 383001", without any change in the approved cost of Rs. 3.64 crore including a corpus fund of Rs. 1.50 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.
[No. 270/2015/F. No. V. 27015/4/2015-SO (NAT.COM)]
MAKKHAN LAL MEENA, Dy. Secy. (National Committee)

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 for the three financial years 2015-16, 2016-17 and 2017-18 and no further without a fresh notification.
The approved cost of Rs. 3.64 crore, including the corpus fund of Rs. 1.50 crore, is unchanged, so it remains the ceiling for the eligible project.
Because the project was to extend beyond six years, the extension rests on the National Committee's recommendation under sub-rule (5) of rule 11M.
The notification states no separate commencement date; it operates for the financial years it names.

Where you meet it

In a donor's return and assessment claiming deduction under section 35AC for a payment to this project, and in the certificate the trust issues for such payments.

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

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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.