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of <h1>Central Government Extends Eligibility for Baramati Agriculture Development Trust Project u/s 35AC, Income Tax Act.</h1> The Central Government has extended the eligibility of the Agriculture Development Trust's project in Baramati, Pune, under Section 35AC of the Income Tax Act, 1961. This project involves the construction and furnishing of the Shardabai Pawar Mahila Arts, Commerce, and Science College in Malegaon, Maharashtra. Initially approved for two years starting from the 1996-97 assessment year, the project is now extended for an additional two years, beginning with the 1998-99 assessment year. The estimated cost of the project is INR 70,20,000. The extension follows a recommendation by the National Committee, confirming the project's proper execution.
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