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of <h1>Government Approves Maharashtra Memorial Trust Project Under Section 35AC for Health Infrastructure Expansion</h1> The Central Government has designated a project by a memorial trust in Maharashtra as eligible under Section 35AC of the Income-tax Act, 1961. This project involves constructing a building, modernizing an existing hospital, and supporting mobile health clinics and community health programs. Initially approved for three years starting from the 1998-1999 assessment year and extended in 2001, the project has been further extended for another three years from the 2004-2005 assessment year. The estimated cost is INR 2.7 crores, with an additional corpus fund of INR 36 lakhs. The project is recognized for its proper execution by the National Committee.
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