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of <h1>Central Government Extends Tax Benefit Eligibility for Manovikas Kendra's Rehabilitation Centre u/s 35AC of Income-tax Act.</h1> The Central Government, under section 35AC of the Income-tax Act, 1961, has extended the eligibility of the Rehabilitation Centre for the handicapped by Manovikas Kendra, Calcutta, as an approved project. Initially recognized in 1992, the project received extensions for specified periods, with the latest extension covering the assessment year 2002-2003. The National Committee, satisfied with the project's execution, recommended this extension. The estimated cost of the project is four crores, and it continues to be recognized as an eligible scheme for tax benefits.
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