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of <h1>'Valley for the Disabled' Project in Tamil Nadu Gets 3-Year Extension Under Section 35AC of Income-tax Act</h1> The Central Government has extended the eligibility of the 'Valley for the Disabled' project by an organization in Tamil Nadu under Section 35AC of the Income-tax Act, 1961. Initially approved in 2011 for three years, the project will continue for an additional three years starting from the financial year 2014-15 to 2016-17. The estimated costs remain at 8.76 crore for recurring expenses and 26.90 crore as a corpus fund. This 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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