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<h1>World Memorial Fund TB Project Renewed for Section 35AC Eligibility, Extends Tax Benefits for Three More Years</h1> The Central Government has extended the designation of the World Memorial Fund T.B. Project, involving four mobile teams in Sikkim, Himachal Pradesh, Surat, and Delhi, as an eligible project under section 35AC of the Income-tax Act, 1961. Initially specified in 1994 and renewed in 1995, the project is now approved for an additional three years starting from the assessment year 1999-2000. The project, managed by the Memorial Fund for Disaster Relief India, is recognized for its proper execution and has an estimated cost of INR 40,41,600.