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<h1>'Corpus Fund for Cansupport Project' Extended Under Section 35AC of Income-tax Act, 1961 for Three More Years</h1> The Central Government has extended the eligibility of the 'Corpus fund for Cansupport' project by an organization located in New Delhi as an approved scheme under section 35AC of the Income-tax Act, 1961. Initially notified in 2005 for three years, the scheme has been extended for an additional three years starting from the financial year 2008-09. This decision follows a recommendation by the National Committee for Promotion of Social and Economic Welfare, confirming the project's proper execution. The approved cost remains unchanged at Rs. 5.50 crore.