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of <h1>Govt Approves Tax Exemptions for 10 Institutions u/s 35AC for Projects in Education, Healthcare, and More.</h1> The Central Government, under Section 35AC of the Income-tax Act, 1961, has approved various institutions for tax exemption based on their eligible projects or schemes. The notification lists ten institutions, detailing their projects, estimated costs, and the maximum deductible amounts. Projects include rural development, education, healthcare, animal welfare, and environmental management, with costs ranging from Rs. 11.26 lakhs to Rs. 2808.98 lakhs. The notification is valid for one year for one project and three years for others, covering assessment years 2000-2001 to 2002-2003.
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