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<h1>Eligibility Extension for Education and Housing Project under Section 35AC, Funding Increased to Rs. 10.36 Lakhs</h1> The Central Government has extended the eligibility of the project run by an organization in West Bengal for another three years under section 35AC of the Income-tax Act, 1961. This project involves operating six education centers, a mobile medical unit, and constructing low-cost houses under the Palli Unnayan Prakalpa Project. Initially approved for a three-year period starting in the assessment year 2000-2001, the project's approved cost has been increased from Rs. 5 lakhs to Rs. 10.36 lakhs. This amendment is detailed in Notification No. 194 of 2003, dated 5th August 2003.