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of <h1>Ministry of Finance Lists Approved Projects for Tax Deductions u/s 35AC, Supporting Health, Education, and Infrastructure.</h1> The notification from the Ministry of Finance, dated December 23, 2010, specifies eligible projects and schemes under Section 35AC of the Income Tax Act, 1961. It lists various institutions approved by the National Committee for Promotion of Social and Economic Welfare, detailing their projects, estimated costs, and the maximum amount allowable as tax deductions. The projects span across health, education, social welfare, and infrastructure development, with funding allocated for three financial years from 2010-2011 to 2012-2013, except for one project approved for two years. The notification remains effective for the specified periods for each project.
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