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of <h1>Government Extends Eligibility for Assam Hospital Project u/s 35AC(b) for Three More Years.</h1> Notified under Section 35AC(b) of the Income Tax Act, 1961, the Central Government has extended the eligibility of a project for constructing, equipping, furnishing, and running a hospital and research center in Hojai, District Nagaon, Assam. Initially recognized in 1997 and extended in 2000, the project, executed by a public trust, is now eligible for an additional three years starting from the financial year 2003-2004. The project, estimated to cost approximately 75.93 crores, has been approved based on the recommendation of the National Committee for Promotion of Social and Economic Welfare.
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