Case law › Notifications › 2015 › Notification No.75/2015 [F.No.V.27015/4/2014-SO(NAT.COM)] / SO 445(E)

Notification 11 February 2015

Notification No.75/2015 [F.No.V.27015/4/2014-SO(NAT.COM)] / SO 445(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 - Indian RED Cross Society, Tamilnadu

What this is

Notification No.75/2015 [F.No.V.27015/4/2014-SO(NAT.COM)] / SO 445(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 - Indian RED Cross Society, Tamilnadu.

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, does two things for the project for the recurring cost of thalassemia screening programmes, disaster management programmes, mobile medicare programmes, distribution of artificial limbs and disability aids, equipment for a physiotherapy centre and the running cost of a senior citizens' home, carried out by the Indian Red Cross Society, Gujarat State Branch, Red Cross Bhavan, Ashram Road, Vadaj, Ahmedabad - 380 013. It notifies the project for a further period of three years commencing with financial year 2014-15, that is 2014-15, 2015-16 and 2016-17. It also amends S.O. 737(E) dated 13 March 2009 so that in the Table against serial number 2, in column (4), relating to the maximum amount of cost to be allowed as deduction under section 35AC, "Rs. 13.55 crore including a corpus fund of Rs. 50 lakh" is substituted by "Rs. 41.82 crore including a corpus fund of Rs. 50 lakh". The project was notified at that serial number for three years beginning with financial year 2008-09 and extended by S.O. 1871(E) dated 11 August 2011 for three years ending with financial year 2013-14, that notification having also raised the cost from Rs. 9.62 crore to Rs. 13.55 crore, each including a corpus fund of Rs. 50 lakh.

Why it was issued

The project or scheme is likely to extend beyond six years and its cost is likely to rise from Rs. 13.55 crore to Rs. 41.82 crore, each including a corpus fund of Rs. 50 lakh, and the National Committee for Promotion of Social and Economic Welfare, satisfied that it is being executed properly, recommended both the extension and the amendment of cost under sub-rule (5) of rule 11M of the Income-tax Rules, 1962.

Who it reaches

Indian Red Cross Society, Gujarat State Branch, Ahmedabad
donors funding the screening, medicare and disability programmes, including corpus donors
assessing officers applying the revised ceiling on deduction

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, READ WITH EXPLANATION (b) THERETO, OF THE INCOME-TAX ACT, 1961 - ELIGIBLE PROJECTS OR SCHEMES, EXPENDITURE ON - NOTIFIED ELIGIBLE PROJECTS OR SCHEMES - INDIAN RED CROSS SOCIETY, TAMILNADU
NOTIFICATION NO.75/2015 [F.NO.V.27015/4/2014-SO(NAT.COM)]/SO 445(E), DATED 11-2-2015
Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 737(E) dated 13th March, 2009, 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 2, "Recurring cost for Thalassemia Screening Programmes, Disaster Management Programmes, Mobile Medicare programmes, Distribution of Artificial Limbs and disability Aids, Equipments for Physiotherapy Centre, running cost of senior citizen's Home" by "Indian Red Cross Society, Gujarat State Branch, Red Cross Bhavan, Near Khadi Gram Udyog Board, Ashram Road, Vadaj, Ahmedabad - 380 013, Karnataka", Tamilnadu, as an eligible project or scheme for a period of three years beginning with financial year 2008-09 and which was further extended vide notification number S.O. 1871(E) dated 11.8.2011 for a period of three years ending with financial year 2013-14;
And whereas vide notification number 1871(E) dated 11.8.2011, the estimated cost was enhanced from 'Rs. 9.62 crore including a corpus fund of Rs. 50 lakh' to 'Rs. 13.55 crore including a corpus fund of Rs.50 lakh';
And whereas the said project or scheme is likely to extend beyond six years;
And whereas the project cost is likely to enhance from 'Rs.13.55 crore including a corpus fund of Rs.50 lakh' to 'Rs.41.82 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 extending the said project"or scheme for'a further period of three years and amending the project cost from 'Rs.13,55 crore including a corpus fund of Rs.50 lakh' to 'Rs.41.82 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), (a) hereby notifies the scheme or project "Recurring cost for Thalassemia Screening Programmes, Disaster Management Programmes, Mobile Medicare programmes, Distribution of Artificial Limbs and disability Aids, Equipments for Physiotherapy Centre, running cost of senior citizen's Home" being carried out by "Indian Red Cross Society, Gujarat State Branch, Red Cross Bhavan, Near Khadi Gram Udyog Board, Ashram Road, Vadaj, Ahmedabad - 380 013", for a further period of three years commencing with the financial year 2014-15, i.e., 2014-15, 2015-16 and 2016-17; and
(b) further amends the said notification number S.O.737(E) dated the 13th March, 2009, to the following effect, namely:-
In the said notification, in the Table against serial number 2, 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.13.55 crore including a corpus fund of Rs.50 lakh' the letters, figures and word 'Rs.41.82 crore including a corpus fund of Rs.50 lakh' shall be substituted.
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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 2014-15.

What to watch

The further period is financial years 2014-15, 2015-16 and 2016-17, notified on 11 February 2015, after the first of those years had begun.
The ceiling rises to Rs. 41.82 crore, of which the corpus fund component remains Rs. 50 lakh.
The recitals describe the Society by its Ahmedabad address while adding the words "Karnataka" and "Tamilnadu"; the operative clause carries only the Ahmedabad address.

Where you meet it

In a donor's return claiming deduction under section 35AC and in the certificate issued by the Society 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

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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.