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of <h1>Charitable Trust Project for Disability Rehabilitation Gets 3-Year Tax Exemption Extension Under Section 35AC of Income-tax Act</h1> The Central Government has extended the eligibility of a project by a charitable trust for tax exemption under Section 35AC of the Income-tax Act, 1961. This project focuses on rehabilitating persons with disabilities through integrated education, vocational training, medical care, and employment opportunities. Initially approved in 2001, the project has been extended multiple times and is now approved for an additional three years, covering financial years 2010-11 to 2012-13. The project, which involves construction, purchase of educational materials, and other activities, will continue without any change to the approved cost of Rs. 225.84 lakh.
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