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<h1>Gujarat High School Project Gains Three-Year Extension u/s 35AC, Recognized for Proper Execution by National Committee.</h1> The Central Government has extended the eligibility of the construction of a high school by a Gujarat-based educational trust as a project under Section 35AC of the Income-tax Act. Initially approved for three years starting from the assessment year 1997-98, the project is now specified for an additional three years, beginning with the assessment year 2000-2001. This decision follows a recommendation by the National Committee, which confirmed the project's proper execution. The estimated cost of the project is twenty-six lakhs, and it is located in Village Diyoli, District Sabarkantha, Gujarat.