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of <h1>Sevalaya's Children's Home Project in Kasuva Village Extended Under Section 35AC for Three More Years</h1> The Central Government has extended the eligibility of the 'Children's Home Project' by Sevalaya, located in Kasuva Village, as an eligible project under Section 35AC of the Income-tax Act, 1961. Initially notified in 2009 and extended in 2011, the project is now further extended for three years starting from the financial year 2015-16 to 2017-18. The project, with an approved cost of 3.63 crore including a corpus fund of 3.00 crore, continues to be recognized due to its proper execution as recommended by the National Committee for Promotion of Social and Economic Welfare.
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