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of <h1>Central Government Extends Eligibility for Integrated Rural Development Project u/s 35AC for Three More Years.</h1> The Central Government, under section 35AC of the Income-tax Act, 1961, has extended the eligibility of the Integrated Rural Development Project by an organization for an additional three years starting from the assessment year 2002-2003. Initially specified in 1992, the project had received extensions in 1995 and 1998 due to its ongoing execution. The National Committee, satisfied with the project's progress, recommended this further extension. The project, located in Pune, is estimated to cost 298.6 lakhs.
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