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of <h1>Central Government Extends Tax Benefits for Andhra Pradesh Projects Under Section 35AC, Including Hospitals and Senior Housing.</h1> The Central Government has extended the eligibility of certain projects undertaken by an organization in Andhra Pradesh for tax benefits under Section 35AC of the Income-tax Act, 1961. These projects include upgrading blood banks, constructing an AYUSH hospital with a research center, establishing medicine banks in 23 districts, building cottages for senior citizens, and constructing an administrative block. Originally approved for three years starting in 2009-10, the projects have been extended for another three years from 2012-13 to 2014-15, with an unchanged approved cost of Rs. 70.62 crores.
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