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of <h1>Government Extends Section 35AC Tax Exemption for S.J. Patel Hospital; Increases Project Cost to Rs. 25 Lakhs</h1> The Central Government has extended the exemption under Section 35AC of the Income-tax Act, 1961, for the maintenance of S.J. Patel Sarvajanik Hospital at Paliad, Gujarat. Initially specified for three years starting from the assessment year 1996-1997, the project is now extended for another three years beginning from the assessment year 1999-2000. The National Committee has recommended this extension, recognizing the project's proper execution, and has approved an increase in the project's cost from Rs. 10.66 lakhs to Rs. 25.00 lakhs. The project is managed by Gramya Vikas Mandal, Paliad.
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