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of <h1>Government Extends Tax Benefit for Hospital Project in Gujarat Under Section 35AC for Three More Years</h1> The Central Government has extended the eligibility of the project for constructing an Indoor Ward in a hospital at Village Kasna, District Sabarkantha, Gujarat, by Seva Mandal Meghraj under section 35AC of the Income-tax Act, 1961. Initially specified in 1997 and extended in 2000, the project is recognized for a further three years starting from the assessment year 2004-2005. This decision follows a recommendation from the National Committee for Promotion of Social and Economic Welfare, which confirmed the project's proper execution. The estimated project cost is INR 45,59,000.
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