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of <h1>Indian Red Cross Projects in Andhra Pradesh Get 3-Year Extension Under Section 35AC of Income-tax Act</h1> The Central Government has extended the eligibility of certain projects by the Indian Red Cross Society in Andhra Pradesh under section 35AC of the Income-tax Act, 1961. These projects include upgrading Red Cross blood banks, constructing an AYUSH hospital with a research center, establishing medicine banks in 23 districts, building cottages for senior citizens, and constructing an administrative block. Initially approved for three years from 2009-10 and extended to 2014-15, the projects will now continue for another three years starting from the financial year 2015-16, with an unchanged cost of 70.62 crore.
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