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of <h1>Government Extends Hospital Project Eligibility Under Section 35AC, Income-tax Act, 1961, for Three More Years</h1> The Central Government, under Section 35AC of the Income-tax Act, 1961, has extended the eligibility of the project 'Construction furnishing, equipments and running of hospital at Crozaria, District Mehsana, Gujarat' for another three years, covering financial years 2008-2009 to 2010-2011. This project, executed by a local trust, was initially notified in 1996 and has received periodic extensions due to its satisfactory execution. The approved project cost remains at Rs. 59 lakh. The extension is based on recommendations from the National Committee for Promotion of Social and Economic Welfare.
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