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of <h1>Jagshanti Udayan Care Hostel for Women Project's Tax Benefit Extended u/s 35AC for Three More Years.</h1> The Central Government has extended the eligibility of the 'Jagshanti Udayan Care Hostel for Women' project under section 35AC of the Income-tax Act, 1961, for an additional three years covering the financial years 2012-13, 2013-14, and 2014-15. This project, managed by Udayan Care in New Delhi, was initially recognized in 2003 and has undergone several extensions. The approved cost remains Rs. 310 lakh, including a corpus fund of Rs. 210 lakh. The extension follows a recommendation by the National Committee for Promotion of Social and Economic Welfare, confirming the project's proper execution.
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