Case law › Notifications › 2021 › Notification No. 47/2021 [F.No. 203/31/2014-ITA.II] / SO 1765(E)

Notification 6 May 2021

Notification No. 47/2021 [F.No. 203/31/2014-ITA.II] / SO 1765(E)

Ministry of Finance

What this is

Notification No. 47/2021 [F.No. 203/31/2014-ITA.II] / SO 1765(E) was published on 6 May 2021. Its subject is Ministry of Finance.

This notifies a named person, body, fund or instrument for the purpose of a provision. Nothing in it changes the provision itself.

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.35CCC	s.47

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.

MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 6th May, 2021
FORM NO. 3CP
S.O. 1765(E).—The Central Board of Direct Taxes, in exercise of its powers under section 35CCC of the Income-tax Act,1961 (43 of 1961) read with Rules 6AAD and 6AAE of the Income-tax Rules,1962 and in partial modification of the Notification No. 14/2015 dated 16.02.2015, issued vide F.No. 203/31/2014-ITA.II, hereby specifies that Sl.No.7 and Sl.No.8 of said Notification shall be read as below:

7 Assessment Year(s) for which the agricultural extension project is being notified (not exceeding three years).
From date of formal issue of Notification No.14/2015 (i.e.) 16.02.2015 till A.Y. 2017-18.

8. Total expenses likely to be incurred for the agricultural extension project (other than cost of land or building).
Assessment Year Sanctioned expenditure (Amount in Rs.)
2015-16 8,53,00,000*
2016-17 8,53,00,000
2017-18 8,53,00,000

*However, as project has been accorded approval from subsequent date in the F.Y. 2014-15, i.e., A.Y. 2015-16, the sanctioned expenditure for the relevant period is to be allowed w.e.f. 16.02.2015.

[Notification No. 47/2021/F.No. 203/31/2014-ITA.II]
PRAJNA PARAMITA, Director
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.

What it names

Forms it names. Form No. 3CP

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. 48/2021 [F.No. 203/30/2014-ITA.II]/ SO 1766(E) — Ministry of Finance 6 May 2021
Notification No. 49/2021 [F. No. 203/29/2014-ITA.II]/ SO 1767(E) — Ministry of Finance 6 May 2021
Notification No. 54/2015 [F.No. 203/23/2015-ITA.II] — Government of India 26 June 2015
Notification No. 14/2015 [F.No.203/31/2014/ITA.II] — Section 35CCC of the Income-tax Act, 1961 - Expenditure on Agricultural Extension Project - Notified Eligible Agricultur 16 February 2015
Notification No. 15/2015 [F.No.203/30/2014/ITA.II] — Section 35CCC of the Income-tax Act, 1961 - Expenditure on Agricultural Extension Project - Notified Eligible Agricultur 16 February 2015
Notification No. 16/2015 [F.No.203/29/2014/ITA.II] — Section 35CCC of the Income-tax Act, 1961 - Expenditure on Agricultural Extension Project - Notified Eligible Agricultur 16 February 2015

← Notification No. 56/2021 [F. No. 225/58/2021-ITA.II] / SO 1803 · Notification No. 48/2021 [F.No. 203/30/2014-ITA.II]/ SO 1766(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.