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of <h1>Government Extends Section 35AC Tax Benefits for Pune Training Institute Project to 2000-2001 Assessment Year.</h1> The Central Government has extended the designation of the project for running a Training Institute and Training Workshops in Pune by a specific society as an eligible scheme under Section 35AC of the Income-tax Act, 1961. Initially specified for the 1999-2000 assessment year, the project is now approved for an additional year, 2000-2001, due to its proper execution. The project, located at Zerewede, Pune, is carried out by the Society for Service to Voluntary Agencies and has an estimated cost of sixty lakhs. This extension is based on recommendations from the National Committee.
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