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of <h1>'Project Eye Hope' in Mumbai Gets Extended Eligibility Under Section 35AC for FY 2010-13</h1> The Central Government has extended the eligibility of the 'Project Eye Hope' in Mumbai, managed by the Eye Bank Coordination and Research Centre, as an eligible project under section 35AC of the Income-tax Act, 1961. Initially notified in 1998, the project has received multiple extensions due to its proper execution, with the latest extension covering the financial years 2010-11, 2011-12, and 2012-13. The approved project cost remains 184.79 lakh, including a corpus fund of 112.50 lakh. The extension is based on recommendations from the National Committee for Promotion of Social and Economic Welfare.
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