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of <h1>Central Government Extends Tax Benefits for Siva Sakhti Sathya Sai Trust Project under Section 35AC for Three More Years</h1> The Central Government has extended the eligibility of the 'Corpus fund for Siva Sakhti Sathya Sai Charitable Trust' as a project under section 35AC of the Income-tax Act, 1961. Initially notified in 2003 and extended multiple times, the project is now approved for an additional three years starting from the financial year 2014-15 through 2016-17. The project, executed by the Siva Sakhti Sathya Sai Charitable Trust in Chennai, maintains an approved cost of 800 lakh. The extension follows a recommendation from the National Committee for the Promotion of Social and Economic Welfare, confirming the project's proper execution.
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