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of <h1>Central Government Extends Mumbai Foundation's 'Disability Reduction Project' Eligibility Under Section 35AC for Three More Years</h1> The Central Government has extended the eligibility of the 'Disability Reduction Project' by a foundation in Mumbai under Section 35AC of the Income-tax Act, 1961. Initially notified in 2002 and extended multiple times, the project is now approved for an additional three years starting from the financial year 2011-12 through 2013-14. The National Committee for Promotion of Social and Economic Welfare recommended this extension, confirming the project's proper execution. The approved project cost remains unchanged at Rs. 590 lakh.
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