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of <h1>Cancer Hospital Project in Jaipur Gains Section 35AC Approval for Additional Two Years, Estimated Cost 13.8 Crore Rupees.</h1> The Central Government has designated the construction of Phase I of a cancer hospital and research center in Jaipur, Rajasthan, as an eligible project under section 35AC of the Income-tax Act, 1961. Initially approved for two assessment years starting from 1995-96, the project is expected to extend beyond this period. Following a recommendation by the National Committee, the project has been approved for an additional two years, beginning with the 1997-98 assessment year. The estimated cost of the project is 13.8 crore rupees.
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