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of <h1>Section 35AC Project for 80-Bed Hospital in Jammu Extended for 3 More Years by Central Government.</h1> The Central Government has extended the eligibility of a project under Section 35AC of the Income-Tax Act, 1961, for an additional three years starting from the assessment year 2004-2005. The project involves the construction of an 80-bed General Hospital with equipment and furniture on Talab Tillo Road, Jammu, by a charitable trust. Initially notified in 1994, the project has been extended multiple times due to ongoing execution and satisfaction of the National Committee for Promotion of Social and Economic Welfare. The estimated cost of the project is approximately INR 2.39 crores.
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