In section 35AD of the Income-tax Act,--
(a) in sub-section (5), with effect from the 1st day of April, 2012,--
(i) in clause (ac), the word "and" occurring at the end shall be omitted;
(ii) after clause (ac), the following clauses shall be inserted, namely:--
"(ad) on or after the 1st day of April, 2011, where the specified business is in the nature of developing and building a housing project under a scheme for affordable housing framed by the Central Government or a State Government, as the case may be, and notified by the Board in this behalf in accordance with the guidelines as may be prescribed;
(ae) on or after the 1st day of April, 2011, in a new plant or in a newly installed capacity in an existing plant for production of fertilizer; and";
(iii) in clause (b), for the words, brackets and letters "and clause (ac)", the words, brackets and letters "clause (ac), clause (ad) and clause (ae)" shall be substituted;
(b) in sub-section (8), in clause (c),--
(i) in sub-clause (iv), for the words "new hotel", the word "hotel" shall be substituted;
(ii) in sub-clause (v), for the words "new hospital", the word "hospital" shall be substituted;
(iii) after sub-clause (vi), the following sub-clauses shall be inserted with effect from the 1st day of April, 2012, namely:--
"(vii) developing and building a housing project under a scheme for affordable housing framed by the Central Government or a State Government, as the case may be, and notified by the Board in this behalf in accordance with the guidelines as may be prescribed;
(viii) production of fertilizer in India;".