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of <h1>Mobility Camp Project for Physically Challenged Extended Under Section 35AC; Cost Revised to 5.12 Crore for Tax Benefits</h1> The Central Government has extended the eligibility of the 'Mobility Camp for the physically challenged' project conducted by a charitable trust in Mumbai under Section 35AC of the Income-tax Act, 1961. Initially recognized as an eligible project in 2009, the project has been extended for an additional three years starting from the financial year 2015-16. The project cost has been revised from 4.20 crore to 5.12 crore, following a recommendation by the National Committee for Promotion of Social and Economic Welfare. This amendment allows for increased deductions under the Income-tax Act for the specified amount.
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