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<h1>Cancer Hospital Project in Jaipur Extended Under Section 35AC for Two More Years, Costs Estimated at 17.26 Crore.</h1> The Central Government has specified the construction of Phase I of a cancer hospital and research center in Jaipur, Rajasthan, as an eligible project under section 35AC of the Income-tax Act, 1961. Initially designated in 1994 for two years, the project has received multiple extensions, with the latest extension covering two more years starting from the assessment year 2003-2004. The project, executed by a specified hospital and research center, is estimated to cost approximately 17.26 crore rupees. The National Committee has confirmed the project's proper execution and recommended its continued eligibility.