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of <h1>Government Extends Tax Benefits for Ahmedabad School Project u/s 35AC, Covering Financial Years 2012-15.</h1> The Central Government has extended the eligibility of the project 'Construction of building for school, hostel, and residence quarters at Village Sola, Daskroi Taluk, District Ahmedabad, Gujarat' for tax benefits under section 35AC of the Income-tax Act, 1961. This project, managed by an organization in Ahmedabad, was initially approved in 1998 and has undergone several extensions. The latest extension covers the financial years 2012-13, 2013-14, and 2014-15, with an approved cost of Rs. 100 lakh. The National Committee for Promotion of Social and Economic Welfare has recommended this extension, acknowledging the project's proper execution.
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