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of <h1>Assam Gujarat Blood Bank Project Tax Benefit Extended for 1997-99 Assessment Years by Central Government Approval.</h1> The Central Government, under the Income-tax Act, 1961, has extended the eligibility of the Assam Gujarat Voluntary Blood Bank and Research Centre project in Guwahati, managed by the Assam Gujarat Charitable Trust, for tax benefits. Initially approved for the 1996-97 assessment year, the project has now been extended for two additional years, covering the 1997-98 and 1998-99 assessment years, with an estimated cost of 33 lakhs. This decision follows a recommendation from the National Committee, which confirmed the project's proper execution.
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