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<h1>School for Mentally Retarded Children Project Extended Under Section 35AC of Income-tax Act for Three More Years</h1> The Central Government has specified the operation of a school for mentally retarded children in Sabarkantha, North Gujarat, and Dungarpur district of Rajasthan by Sabarkantha Charitable Trust as an eligible project under section 35AC of the Income-tax Act, 1961. Initially approved for the assessment year 1995-96, the project has been recommended for extension by the National Committee for an additional three years, starting from the assessment year 1996-97. The estimated cost of the project is four lakhs sixty thousand rupees.