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of <h1>Government Extends Orphanage Project Eligibility in New Delhi for Three More Years Under Section 35AC of Income-tax Act</h1> The Central Government has extended the eligibility of the project 'Orphanage Maintenance and Renovation of Building' by a trust in New Delhi under section 35AC of the Income-tax Act, 1961. Initially approved for three years starting from the financial year 2009-10, it has now been extended for an additional three years, covering 2012-13, 2013-14, and 2014-15. The project cost remains unchanged at Rs. 94.34 lakh. This decision follows a recommendation by the National Committee for Promotion of Social and Economic Welfare, confirming the project's proper execution.
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