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of <h1>World Memorial Fund T.B. Project's tax exemption extended under Section 35AC for three more years.</h1> The Central Government has extended the eligibility of the World Memorial Fund T. B. Project for tax exemption under section 35AC of the Income-tax Act, 1961. Initially specified for two assessment years starting from 1994-95, the project involves four mobile teams operating in Sikkim, Himachal Pradesh, Surat, and Delhi. Due to its ongoing nature and proper execution, the National Committee recommended extending the project's eligibility for an additional three years, starting from the assessment year 1996-97, with an estimated cost of INR 40,41,600.
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