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of <h1>Central Government Extends Project Eligibility Under Section 35AC for Animal Welfare Initiatives Through 2008-2009</h1> The Central Government has extended the eligibility of a project under Section 35AC of the Income-tax Act, 1961, for an additional three years starting from the financial year 2005-2006. This project, conducted by an organization based in New Delhi, involves maintaining animal hospitals or shelters, purchasing medicine, feed, ambulances, and running animal awareness programs. Initially approved for three years from the assessment year 2003-2004, the project continues with an approved cost of Rs. 490 lakhs, following a recommendation by the National Committee for Promotion of Social and Economic Welfare.
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