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of <h1>Government Extends Section 35AC Tax Benefits for Mewat Health Project Until 2012; Funding Maintained at Rs. 97.18 Lakh</h1> The Central Government has extended the eligibility of a project under section 35AC of the Income-tax Act, 1961, concerning the construction of a dispensary, purchase of furniture and equipment, and operation of a health project for villagers in Mewat, managed by an organization in New Delhi. Initially approved for three years from the 2004-2005 assessment year and extended for another three years from 2006-2007, the project is now approved for an additional three years from the 2009-2010 financial year, maintaining the project cost at Rs. 97.18 lakh.
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