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of <h1>Khail Shanker Durlabhji Avedna Ashram Project Tax Exemption Extended Under Section 35AC of Income-tax Act</h1> The Central Government has extended the eligibility of the Khail Shanker Durlabhji Avedna Ashram project in Jaipur, Rajasthan, for tax exemption under section 35AC of the Income-tax Act, 1961. This project, managed by a local trust, involves the construction, furnishing, and operation of a 100-bed facility providing free care to terminally ill patients and a day care center for the elderly. Initially approved for three years starting in the 1995-96 assessment year, and extended in 1998-99, it is now further extended for another three years starting from the 2001-2002 assessment year, with an estimated cost of 550 lakhs.
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