Exemption u/s 35AC - Central Government had specified for medical care to old persons leprosy and cancer patients, provision of home to old persons, rehabilitation of destitute old women, conducting eye camps, by Helpage India, New Delhi, as an eligible project or scheme - S.O.553(E) - Income Tax

Helpage India's Project for Elderly and Patients Approved for Tax Exemption u/s 35AC, Extended for 3 Years.

The Central Government has designated a project by Helpage India, New Delhi, as eligible for exemption under section 35AC of the Income-tax Act, 1961. This project involves providing medical care to elderly individuals, leprosy and cancer patients, offering homes for the elderly, rehabilitating destitute old women, and conducting eye camps. Initially approved for two years starting in the assessment year 1994-95, the project received extensions and is now approved for an additional three years beginning with the assessment year 2002-2003. The estimated cost of the project is twenty crores.