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of <h1>Government Extends Tax Benefits for School and Hostel Project for Deaf Children under Section 35AC, Income-Tax Act</h1> The Central Government has specified the construction of a school building, a hostel for mothers of handicapped children, and a training program at Saraswathipuram, Mysore, by the Parents Association of Deaf Children as an eligible project under section 35AC of the Income-tax Act, 1961. Initially approved for three assessment years starting from 1993-94, the project is now extended for an additional three years from the assessment year 1996-97. The National Committee confirmed the project's proper execution, recommending the extension without altering the approved cost.
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