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of <h1>Central Government Extends Shree Hanuman Vyayam Prasarak Mandal Project's Tax Exemption Under Section 35AC for Three More Years</h1> The Central Government has extended the eligibility of the Shree Hanuman Vyayam Prasarak Mandal project in Maharashtra for tax exemption under Section 35AC of the Income-tax Act, 1961. Initially recognized for the construction and equipment of an indoor stadium, swimming pool, cinder track, and playground at various locations in Maharashtra for three years starting from the 1996-97 assessment year, the project has been approved for an additional three years from the 1999-2000 assessment year. The estimated cost for this project is sixty-seven lakh forty thousand rupees.
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