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of <h1>SOS Children's Village in India Approved for Tax Benefits Under Section 35AC, Project Extended for Three More Years</h1> The Central Government has designated the SOS Children's Village of India in New Delhi as an eligible project under section 35AC of the Income-tax Act, 1961. This scheme involves the administration and maintenance of 27 villages to provide free clothing, education, shelter, and a family environment for destitute, orphaned, and abandoned children. Initially approved for three years starting from the assessment year 1995-96, the project has been extended for an additional three years starting from the assessment year 1998-99, with an estimated cost of INR 32.91 crores.
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