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of <h1>Government Extends Section 35AC Income Tax Exemption for Jaipur Rural Health and Development Trust Projects by Three Years</h1> The Central Government has extended the exemption under Section 35AC of the Income-tax Act, 1961, for specific projects by the Jaipur Rural Health and Development Trust. These projects include PYOH II US Aid, construction of low-cost houses, the Jaipur District Rural Health Project, and initiatives for poultry raising and garment making for rural women. Initially approved for three years starting in the 1993-94 assessment year and extended for another three years from 1996-97, the projects are now further extended for three more years starting from the 1999-2000 assessment year, as recommended by the National Committee.
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