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of <h1>Half Way Home for Alcoholics and Drug Addicts Project Extended Under Section 35AC for Three More Years</h1> The Central Government has designated the Half Way Home for Alcoholics and Drug Addicts at Tumkur, managed by a charitable trust in Bangalore, as an eligible project under section 35AC of the Income-tax Act, 1961. Initially recognized for three assessment years starting in 1993-94, the project has been extended for an additional three years beginning in 1996-97. This decision follows a recommendation by the National Committee, acknowledging the project's proper execution. The estimated cost for this project is forty-eight lakhs ten thousand eight hundred rupees.
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