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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Government Extends Free Medical Aid Project in NOIDA Under Section 35AC for Three More Years, Costing 75 Lakhs</h1> The Central Government has specified the project of running free medical aid services in NOIDA by a charitable trust as an eligible scheme under section 35AC of the Income Tax Act, 1961. Initially approved in 1995, the project was extended in 1998 and 2002, with the estimated cost revised from 40 lakhs to 75 lakhs. The National Committee for Promotion of Social and Economic Welfare recommended further extension due to the project's satisfactory execution. Consequently, the government has extended the project's eligibility for an additional three years starting from the financial year 2005-2006, maintaining the estimated cost at 75 lakhs.
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