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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Assam Gujarat Voluntary Blood Bank Project Extended for 3 Years Under Section 35AC, Aiding Low-Income Patients</h1> The Central Government has designated the furnishing and equipping of the Assam Gujarat Voluntary Blood Bank and Research Centre in Guwahati as an eligible project under section 35AC of the Income-tax Act, 1961. Initially approved for the 1996-1997 assessment year and extended for two more years, the project provides free tested and screened blood to patients below the poverty line or in government hospital general wards. Following a recommendation by the National Committee, the project is further extended for three additional assessment years starting from 1999-2000, with an estimated cost of 33 lakh rupees.
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