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of <h1>Exemption for Maharaja Agrasen Hospital Project Extended Under Section 35AC of Income-tax Act for Three More Years</h1> The Central Government has extended the exemption for the 'Construction of Maharaja Agrasen Hospital at Agroha, Haryana' project under section 35AC of the Income-tax Act, 1961. This project, managed by a medical education and research society in New Delhi, was initially approved in 1993 and has undergone several extensions. The current notification approves the project for an additional three years starting from the financial year 2007-08, maintaining the estimated cost at Rs. 40 crore. However, the exemption does not apply to funds collected during the financial year 2007-08.
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