Search
side banner

Income Tax

E-File Income Tax for FREE

21 September 2000

867(E) : Notification 867(E) Date of Issue 21/9/2000 21 September 2000

                        

Notification: 867(E)
Section(s) Referred: s. 35AC(1)(b) ,r. 11M(5)
Statute: INCOME TAX
Date of Issue: 21/9/2000
Whereas by notification of the Government of India in the Ministry of Finance Number S. O. 740(E), dated 12th October, 1994, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 10 the construction of Phase-I of Bhagwan Mahaveer Cancer Hospital and Research Centre at Jawaharlal Nehru Marg, Jaipur, Rajasthan, by Bhagwan Mahaveer Cancer Hospital and Research Centre, Journal House, A-95, Janta Colony, Jaipur, Rajasthan-302 004, as an eligible project or scheme for a period of two years beginning with assessment year 1995-96 which was extended further vide Notification No. S. O. 235(E), dated 21st March, 1996, for a period of two years beginning with the assessment year 1997-98 ; and S. O. 210(E), dated 16th March, 1998, for a period of two years beginning with the assessment year 1999-2000 ;
And whereas the said project or scheme is likely to extend beyond six years ;
And whereas the National Committee, 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 specifying the said project or scheme for a further period of two years and amending the project cost from Rs. 1,380 lakhs to Rs. 1,726 lakhs;
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 specifies the scheme or project of construction of Phase-I of Bhagwan Mahaveer Cancer Hospital and Research Centre at Jawaharlal Nehru Marg, Jaipur, Rajasthan, which is being carried out by Bhagwan Mahaveer Cancer Hospital and Research Centre, Journal House, A-95, Janta Colony, Jaipur, Rajasthan-302 004, as an eligible project or scheme for a further period of two years beginning with the assessment year 2001-2002 and ;
(b) further amends the said Notification No. S. O. 740(E), dated 12th October, 1994, 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 35AC', for the letters, figures and word 'Rs. 1,380 lakhs', the letters, figures and word 'Rs. 1,726 lakhs' shall be substituted.
[No. 11507/F. No. NC-73/2000]                                                             

  

Clear offers taxation & financial solutions to individuals, businesses, organizations & chartered accountants in India. Clear serves 1.5+ Million happy customers, 20000+ CAs & tax experts & 10000+ businesses across India.

Efiling Income Tax Returns(ITR) is made easy with Clear platform. Just upload your form 16, claim your deductions and get your acknowledgment number online. You can efile income tax return on your income from salary, house property, capital gains, business & profession and income from other sources. Further you can also file TDS returns, generate Form-16, use our Tax Calculator software, claim HRA, check refund status and generate rent receipts for Income Tax Filing.

CAs, experts and businesses can get GST ready with Clear GST software & certification course. Our GST Software helps CAs, tax experts & business to manage returns & invoices in an easy manner. Our Goods & Services Tax course includes tutorial videos, guides and expert assistance to help you in mastering Goods and Services Tax. Clear can also help you in getting your business registered for Goods & Services Tax Law.

Save taxes with Clear by investing in tax saving mutual funds (ELSS) online. Our experts suggest the best funds and you can get high returns by investing directly or through SIP. Download Black by ClearTax App to file returns from your mobile phone.

Cleartax is a product by Defmacro Software Pvt. Ltd.

Company PolicyTerms of use

ISO

ISO 27001

Data Center

SSL

SSL Certified Site

128-bit encryption