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of <h1>Gujarat Health Project Gains Eligibility u/s 35AC, Tax Benefits Extended for Contributions to Expanded Medical Facilities.</h1> The Central Government has specified a health project in Gujarat, managed by a trust, as eligible under section 35AC of the Income-tax Act, 1961. The project includes a 50-bed hospital, dispensary, child and mother care center, T.B. clinic, and medical camps for heart diseases. Initially approved in 1994, its eligibility was extended multiple times, with costs amended from Rs. 287.71 lakhs to Rs. 325.00 lakhs. The National Committee confirmed the project's proper execution and recommended the cost amendment. The notification formalizes these changes, ensuring continued tax benefits for contributions to the project.
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