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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Tax Exemption Extended for Education and Infrastructure Projects Under Section 35AC of the Income-tax Act</h1> The Central Government has extended the eligibility of several projects for tax exemption under section 35AC of the Income-tax Act, 1961. These projects include the Gopali Project for constructing a students' hostel and water facilities, the Jalaberia Project for a hostel and self-employment activities, the Krishnanagar and Phuleswar Projects for running primary schools and clinics, and the Amta Project for building a school and clinic. Initially approved for six years, these projects have been extended for an additional three years starting from the assessment year 1999-2000, with no change in the approved cost.
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