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of <h1>Central Government Extends Tax Benefits for Sundeep Foundation Project under Section 35AC for Three More Years</h1> The Central Government, under section 35AC of the Income-tax Act 1961, has extended the eligibility of a project by Sundeep Foundation for an additional three years starting from the assessment year 2002-2003. This project involves running healthcare and education activities in Kutch, Gujarat, and Dhule, Maharashtra, with an estimated cost of forty lakhs. The extension follows a recommendation by the National Committee, which confirmed the project's proper execution. The project was initially specified as eligible in 1998 for three years, and this notification allows it to continue receiving tax benefits.
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