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of <h1>Government Extends Tax Benefit Eligibility for Gujarat Cancer Hospital Project under Section 35AC for Three More Years</h1> The Central Government has extended the eligibility of the 'Bharat Cancer Hospital & Research Centre & Nirali Memorial Radiation Centre' project, managed by Shri Bharti Maiya Memorial Foundation in Gujarat, for tax benefits under section 35AC of the Income-tax Act, 1961. Initially approved for three years starting from the 2009-10 financial year, the project has been granted an additional three-year extension from 2012-13 to 2014-15. The project maintains an approved cost of Rs. 12.60 crore, including a corpus fund of Rs. 9.60 crore, as recommended by the National Committee for Promotion of Social and Economic Welfare.
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