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<h1>Government Extends Tax Benefits for M.D. Patel Hospital Project under Section 35AC for Three More Years</h1> The Central Government has extended the eligibility of the project for land, building construction, equipment, and operation of the M.D. Patel Sarvoday Eye/Orthopaedic Hospital by Adhyatmik Antarik Mandal in Gujarat under section 35AC of the Income-tax Act. Initially specified for three years starting from the 1998-99 assessment year, the project is now approved for an additional three years beginning with the 2001-2002 assessment year. The estimated cost is seventy lakhs, with a corpus fund of fifty lakhs. This decision follows a recommendation by the National Committee, confirming the project's proper execution.