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<h1>Project 'Annalakshmi' for Free Food to Poor Patients Gets Approval Under Section 35AC for Three More Years.</h1> The Central Government has specified Project 'Annalakshmi,' which provides free food to hospitalized poor patients at a hospital in Chennai, Tamil Nadu, as an eligible project under Section 35AC of the Income-tax Act, 1961. Initially recognized in 1998 and extended in 1999, the project has been approved for an additional three years starting from the assessment year 2004-2005. The project, executed by a local hospital, has been deemed properly managed by the National Committee for Promotion of Social and Economic Welfare, with an estimated cost of one crore rupees as a corpus fund.