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of <h1>Cancer Research Hospice and Dialysis Centre Project in Gujarat Gets 3-Year Extension Under Section 35AC of Income-tax Act</h1> The Central Government, under section 35AC of the Income-tax Act, 1961, has extended the eligibility of the 'Cancer Research Hospice and Dialysis Centre' project, managed by a medical society in Gujarat, for a further three years starting from the financial year 2014-15. This project was initially approved at an estimated cost of 4.5 crore for three years ending in 2013-14. The extension is granted following a recommendation by the National Committee for Promotion of Social and Economic Welfare, confirming the project's proper execution without any change in the approved cost.
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