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of <h1>Integrated Rural Development Project in Alwar gets two-year extension under Section 35AC, continues to be eligible for funding.</h1> The Central Government has extended the eligibility of the Integrated Rural Development Project in 10 villages of Tijara and Nimrana Blocks, Alwar, Rajasthan, conducted by PHD Rural Development Foundation, New Delhi, under section 35AC of the Income-tax Act, 1961. Initially recognized for three years starting from the 1997-98 assessment year, the project has been deemed properly executed and is now specified for an additional two years beginning with the 2000-2001 assessment year. The project is estimated to cost twenty-five lakhs rupees and continues to qualify as an eligible scheme.
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