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of <h1>Central Government Extends Satya Bharti Schools Project Eligibility for Tax Benefits Under Section 35AC for Three More Years</h1> The Central Government has extended the eligibility of the 'Satya Bharti Schools' project, managed by Bharti Foundation, as an approved scheme under Section 35AC of the Income-tax Act, 1961. Initially notified for three years starting in the 2007-08 financial year, the project, which involves establishing and supporting 250 primary schools and non-formal education, has an estimated cost of Rs. 115 crore, including a Rs. 30 crore corpus fund. This notification extends the project's eligibility for an additional three years, covering the financial years 2010-11, 2011-12, and 2012-13.
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