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<h1>Govt Extends Tax Benefit for Blind Welfare Project by National Association for the Blind Until 2018-19 u/s 35AC.</h1> The Central Government has extended the eligibility of the project 'Running projects for the welfare of visually impaired' by the National Association for the Blind, Faridabad, under section 35AC of the Income-tax Act, 1961. Initially approved for three years ending in 2012-13 and extended to 2015-16, the project is now approved for an additional three years from 2016-17 to 2018-19 with an estimated cost of Rs. 300 lakh. However, the exemption under section 35AC does not apply to funds received under Schedule VII of Section 135 of the Companies Act and Companies (CSR) Rules 2014.