Exemption u/s 35AC - Central Government had specified for drug deaddiction, upliftment of street children and working children and running school of creche and primary school by Delhi Police Foundation for Correction, Deaddiction and Rehabilitation, Delhi, as an eligible project or scheme - 289(E) - Income Tax

Delhi Police Foundation's Deaddiction Project Gets Section 35AC Approval for Tax Benefits, Extended for Three Years

The Central Government has specified a project by the Delhi Police Foundation for Correction, Deaddiction, and Rehabilitation as eligible under section 35AC of the Income-tax Act, 1961. This project focuses on drug deaddiction, the upliftment of street and working children, and the operation of creche and primary schools at various locations in Delhi, including Tihar Jail and Sarai Rohilla. Initially approved for three years starting from the 1998-1999 assessment year, the project has been extended for an additional three years beginning with the 2001-2002 assessment year, with an estimated cost of INR 6.44 crores.