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<h1>Income-tax Act Section 35AC Amendment: Increased Deduction for Leprosy Eradication Project in Gujarat to Rs. 8 Crore.</h1> The notification pertains to an amendment under Section 35AC of the Income-tax Act, 1961, regarding a project for leprosy eradication and rural health in Rajendranagar, Sabarkantha, Gujarat, managed by a local trust. Initially recognized in 1994, the project received multiple extensions and cost adjustments over the years. The latest amendment increases the project's allowable deduction cost from Rs. 5.30 crore, including a corpus fund of Rs. 2.70 crore, to Rs. 8 crore, including a corpus fund of Rs. 5.40 crore, as recommended by the National Committee for Promotion of Social and Economic Welfare.