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of <h1>Kailash Cancer Hospital in Gujarat gets tax exemption extension u/s 35AC for three more years.</h1> The Central Government has extended the eligibility of the Kailash Cancer Hospital and Research Centre project in Vadodara, Gujarat, for tax exemption under Section 35AC of the Income-tax Act, 1961. Initially specified for three years starting from the 2001-2002 assessment year, the project involves construction, furnishing, equipment purchase, and water works, managed by Muni Seva Ashram. The National Committee recommended extending the project's eligibility for another three years from the 2004-2005 assessment year, with an estimated cost of INR 21.1867 crore.
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