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of <h1>Tiruvarur Lions Eye Hospital Project Extended Under Section 35AC for Three More Years; Estimated Cost Ten Lakhs.</h1> The Central Government has designated the construction, equipment, and furnishing of the Tiruvarur Lions Eye Hospital in Vandampalai, Tamil Nadu, as an eligible project under Section 35AC of the Income-tax Act, 1961. Initially specified for two years starting from the assessment year 1996-97, the project has been extended for an additional three years beginning from the assessment year 1998-99. This extension follows a recommendation by the National Committee, which confirmed the project's proper execution. The estimated cost for the project is ten lakhs.
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