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of <h1>Government Extends Tax Benefits for Gujarat Hospital Project u/s 35AC of Income-tax Act for Three More Years.</h1> The Central Government has extended the eligibility of a project under Section 35AC of the Income-tax Act, 1961, for Shree Sardhav Gram Vikas Mandal in Gandhinagar, Gujarat. Initially approved for three years starting from the 1997-98 assessment year, the project involves constructing doctors' quarters, a physiotherapy center, and maintaining Revabhai General Hospital. The National Committee recommended an extension due to satisfactory execution, enabling the project to continue for an additional three years from the 2000-2001 assessment year, with an estimated cost of INR 29.76 lakh.
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