Case law › Notifications › 2015 › Notification No. 275/2015 [F.No.V.27015/4/2015-SO (NAT.COM)] /SO 3449(E)

Notification 17 December 2015

Notification No. 275/2015 [F.No.V.27015/4/2015-SO (NAT.COM)] /SO 3449(E)

New Delhi, the 17th December, 2015

What this is

Notification No. 275/2015 [F.No.V.27015/4/2015-SO (NAT.COM)] /SO 3449(E) was published on 17 December 2015. Its subject is New Delhi, the 17th December, 2015.

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, amends its earlier notification S.O. 2835(E) dated 19 December 2011 in relation to the project 'Extension of Eye Hospital, Research and Rehabilitation Centre' carried out by Tara Sansthan, Udaipur. In the Table against serial number 10, in column (4), the maximum amount of cost allowable as deduction under section 35AC is raised from Rs. 3.85 crore including a corpus fund of Rs. 50 lakh to Rs. 16.87 crore including a corpus fund of Rs. 50 lakh.

Why it was issued

The project cost was likely to increase from Rs. 3.85 crore to Rs. 16.87 crore, and the National Committee for Promotion of Social and Economic Welfare, satisfied that the project was being executed properly, recommended the amendment of the approved cost under sub-rule (5) of rule 11M of the Income-tax Rules, 1962.

Who it reaches

Tara Sansthan, Udaipur
Donors claiming deduction under section 35AC for contributions to the project
The National Committee for Promotion of Social and Economic Welfare
Assessing officers verifying that donations remain within the approved 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 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. 3449(E).—Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 2835 (E) dated 19.12.2011, 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 10, "Extension of Eye Hospital, Research and Rehabilitation Centre" by "Tara Sansthan, 236 A, Sector-6 Hiran Magri, Udaipur -313002, Rajasthan.", at the estimated cost of Rs.3.85 crore, as an eligible project or scheme for a period of three years beginning with financial year 2011-12 and which was extended further vide notification number S.O. No. 3843(E) dated 27.12.2013 for a period of three years ending with financial year 2016-17;

And whereas the project cost is likely to enhance from Rs. 3.85 crore including a Corpus Fund of Rs. 50 lakh to Rs. 16.87 crore including a Corpus Fund of Rs. 50 lakh;

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 amending the project cost from Rs. 3.85 crore including a Corpus Fund of Rs. 50 lakh to Rs. 16.87 crore including a Corpus Fund of Rs. 50 lakh;

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 "Extension of Eye Hospital, Research and Rehabilitation Centre", which is being carried out by "Tara Sansthan, 236 A, Sector-6 Hiran Magri, Udaipur -313002, Rajasthan", further amends the said notification number S.O. 2835 (E) dated 19.12.2011, 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 of 35AC of Income Tax Act, 1961 for the letters, figures and word "Rs. 3.85 crore including a Corpus Fund of Rs. 50 lakh" the letters, figures and word "Rs. 16.87 crore including a Corpus Fund of Rs. 50 lakh" shall be substituted.

[No. 275/2015/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

Not stated in the extract.

What to watch

Only the approved cost ceiling changes; the project's notified period, running to the financial year 2016-17 under S.O. 3843(E) dated 27 December 2013, is untouched.
The corpus fund component stays at Rs. 50 lakh within the enhanced ceiling.
The extract states no commencement date beyond the date of the notification.

Where you meet it

In a donor's claim for deduction under section 35AC and in the institution's certification that the donation is within the approved cost.

An example

Ours, not the Board’s: a worked case built from the rule the instrument sets, to show how it falls out.

A donation to the project that would earlier have been outside the Rs. 3.85 crore ceiling may now qualify for deduction under section 35AC, since the approved cost for the project stands raised to Rs. 16.87 crore inclusive of the Rs. 50 lakh corpus fund.

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.