VittSphere ONE Calculators Blog CA Prabhakar Kumar · FCA · ICAI 560762
Case lawNotifications2015 › Notification No.72/2015 [F.No.V.27015/4/2014-SO(NAT.COM)] / SO 442(E)
Notification 11 February 2015

Notification No.72/2015 [F.No.V.27015/4/2014-SO(NAT.COM)] / SO 442(E)

Section 35AC, read with Explanation (b) thereto, of the Income-tax Act, 1961 - Eligible Projects or Schemes, Expenditure on - Notified Eligible Projects or Schemes - SRI Chaitanya Seva Trust, Maharashtra

What this is

Notification No.72/2015 [F.No.V.27015/4/2014-SO(NAT.COM)] / SO 442(E) was published on 11 February 2015. Its subject is Section 35AC, read with Explanation (b) thereto, of the Income-tax Act, 1961 - Eligible Projects or Schemes, Expenditure on - Notified Eligible Projects or Schemes - SRI Chaitanya Seva Trust, Maharashtra.

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, notifies the project "Bhaktivedanta Hospice" carried out by Sri Chaitanya Seva Trust, Bhaktivedanta Hospital Srishti Complex, Bhaktivedanta Swami Marg, Mira Road (E), District Thane-401107, Maharashtra, by extending its scope of work. The scope now includes general out-patient services in all branches of medicine and surgery and indoor patient care, including creation of healthcare facilities, mobile clinics and investigation departments such as pathology and radiology; and the project cost is to include cost of construction, equipment and facility creation for the hospice and other medical facilities of Rs. 150 lakh and a corpus fund of Rs. 50 lakh. The approved project cost is not changed. The project stands notified at serial number 9 of S.O. 2302(E) dated 3 October 2011 at an estimated cost of Rs. 483.46 lakh, extended by S.O. 1968(E) dated 31 July 2014 for three years ending with financial year 2016-17.

Why it was issued

The National Committee for Promotion of Social and Economic Welfare, satisfied that the project is being executed properly, made a further recommendation under sub-rule (5) of rule 11M of the Income-tax Rules, 1962 for amending the scope of work in these terms without any change in the approved project cost.

Who it reaches

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 ActNow
s.35ACno 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, READ WITH EXPLANATION (b) THERETO, OF THE INCOME-TAX ACT, 1961 - ELIGIBLE PROJECTS OR SCHEMES, EXPENDITURE ON - NOTIFIED ELIGIBLE PROJECTS OR SCHEMES - SRI CHAITANYA SEVA TRUST, MAHARASHTRA
NOTIFICATION NO.72/2015 [F.NO.V.27015/4/2014-SO(NAT.COM)]/SO 442(E), DATED 11-2-2015
Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 2302(E) dated 3.10.2011 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 9 "Bhaktivedanta Hospice" by "Sri Chaitanya Seva Trust, Bhativedanta Hospital Srishti Complex, Bhaktivedanta Swami Marg, Mira Road, (E), District Thane - 401107 Maharashtra", as an eligible project or scheme, at the estimated cost of Rs.483.46 lakh, for a period of three years ending with financial year 2013-14 and which was further extended vide notification number S.O.1968(E) dated 31st July, 2014 for a period of three years ending with financial year 2016-17;
And whereas the project is likely to be amended in the approved cost of Rs.483.46 lakh as "Instead of Rs.483.46 lakh", the scope of work may included as i) include General Out Patient services (all branches of Medical and Surgical) and indoor patient care including healthcare facility creation, mobile clinics, investigation departments like pathology, radiology, etc ii) The Project cost will include cost of construction, equipment, facility creation for hospice and other medical facilities for Rs.150 lakh and a corpus fund of Rs. 50 lakh, without any change in the approved project cost.";
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 scope of work as i) include General Out Patient services (all branches of Medical and Surgical) and indoor patient care including healthcare facility creation, mobile clinics, investigation departments like pathology, radiology, etc ii) The Project cost will include cost of construction, equipment, facility creation for hospice and other medical facilities for Rs.150 lakh and a corpus fund of Rs.50 lakh, without any change in the approved project cost.
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 "Bhaktivedanta Hospice", which is being carried out by "Sri Chaitanya Seva Trust, Bhativedanta Hospital Srishti Complex, Bhaktivedanta Swami Marg, Mira Road, (E), District Thane -401107 Maharashtra", by extending the scope of work as i) include General Out Patient services (all branches of Medical and Surgical) and indoor patient care including healthcare facility creation, mobile clinics, investigation departments like pathology, radiology, etc ii) The Project cost will include cost of construction, equipment, facility creation for hospice and other medical facilities for Rs.150 lakh and a corpus fund of Rs.50 lakh, without any change in the approved project cost.
■■

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 RulesNow, in the 2026 Rules
Rule 11Mno counterpart recorded

From when

the date of the notification, 11 February 2015.

What to watch

Where you meet it

In a donor's return claiming deduction under section 35AC and in the Trust's certificate, where the activity funded must fall within the widened scope of work.

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.73/2015 [F.No.V.27015/4/2015-SO(NAT.COM)] / SO 443(E)  ·  Notification No.71/2015 [F.No.V.27015/4/2014-SO(NAT.COM)] / SO 441(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.