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<h1>Integrated Rural Development Project in Pune Gets Section 35AC Approval for Extended Tax Benefits</h1> The Central Government has approved the Integrated Rural Development Project in Pune, Maharashtra, managed by Jankidevi Bajaj Gram Vikas Sanstha, 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 from the assessment year 1996-97. This decision follows a recommendation from the National Committee, which confirmed that the project is being executed appropriately. The estimated cost of the project is INR 1.18 crore.