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of <h1>Ankleshwar Project for Education, Health, and Sports Extended Under Section 35AC for Three More Years</h1> The Central Government has notified a project by Ankleshwar Industrial and Rural Development Society as eligible under section 35AC of the Income-tax Act, 1961. This project aims to develop and extend educational, medical, and sports facilities in 50 villages around Ankleshwar. Initially approved in 1994, the project has received multiple extensions, with the latest extending its eligibility for three more years starting from the financial year 2006-07. The approved cost remains Rs. 600 lakhs, including a Rs. 100 lakh corpus fund. The project has been deemed properly executed by the National Committee for Promotion of Social and Economic Welfare.
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