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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Central Government Extends Section 35AC Tax Benefits for New Delhi Charitable Project, Increases Funding to Rs. 1550 Lakh</h1> The Central Government has extended the eligibility of a project by a charitable trust under Section 35AC of the Income-tax Act, 1961. This project, managed by a charitable organization in New Delhi, involves constructing buildings, purchasing library books, and providing equipment and resources for the rehabilitation of persons with disabilities. Initially approved in 2001, the project has been extended multiple times and is now set to continue beyond nine years. The project's cost has been amended from Rs. 225.84 lakh to Rs. 1550 lakh, reflecting its expansion and continued execution.
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