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of <h1>Government Extends Project for Children's Rehabilitation at Wagholi u/s 35AC, Income-tax Act, for Three More Years.</h1> The Central Government has extended the eligibility of a project under Section 35AC of the Income-tax Act, 1961, for the rehabilitation of children affected by natural disasters, orphans, and destitute children at Wagholi, near Pune, Maharashtra. The project, managed by an organization, was initially approved for three years starting from the 2002-2003 assessment year, with an estimated cost of INR 3.75 crores. Following a recommendation by the National Committee for Promotion of Social and Economic Welfare, the project is now extended for an additional three years starting from the financial year 2004-2005, without any change in the approved cost.
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