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of <h1>Government Extends Tax Eligibility for School Project in Uttar Pradesh u/s 35AC for Three More Years.</h1> The Central Government has extended the eligibility of a project under section 35AC of the Income-tax Act, 1961, for the construction, furnishing, and running of a school in Village Bhatwari, Tehsil Ukhimath, District Chamoli, Uttar Pradesh. This project, managed by an organization based in Calcutta, was initially approved for three years starting from the assessment year 1997-98. Due to satisfactory progress, the National Committee recommended extending the project's eligibility for another three years, starting from the assessment year 2000-2001, with an estimated cost of approximately 2.985 million rupees.
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