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of <h1>Construction Project by Sanjeevan Medical Foundation Extended as Eligible Under Section 35AC for Three More Years</h1> The Central Government has extended the designation of the construction of a community care and research center at Miraj in Maharashtra by the Sanjeevan Medical Foundation, Ashvini Prasad Hospital, as an eligible project under section 35AC of the Income-tax Act, 1961. Initially specified for two assessment years starting from 1994-95, the project is now approved for an additional three years beginning from the assessment year 1996-97. The estimated project cost is INR 2,47,70,000. This extension follows a recommendation by the National Committee, confirming the project's proper execution.
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