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of <h1>Hospital Centre Project in Trivandrum Extended for Tax Benefits Under Section 35AC of Income-tax Act, 1961</h1> The Central Government has specified the Hospital Centre Project in Trivandrum, managed by an organization in Belur Math, District Howrah, West Bengal, as an eligible project under section 35AC of the Income-tax Act, 1961. Initially recognized for three assessment years starting from 1993-94, the project has been extended for an additional three years beginning with the 1996-97 assessment year. This decision follows a recommendation from the National Committee, which confirmed the project's proper execution. The estimated cost for the project is fifty-six lakhs.
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