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of <h1>Road Safety Project in Pune Gains Three-Year Extension Under Section 35AC of Income-tax Act, 1961</h1> The Central Government has extended the designation of the Road Safety Project in Pune, Maharashtra, conducted by an unnamed foundation, as an eligible project under section 35AC of the Income-tax Act, 1961. Initially recognized for three years starting from the 2000-2001 assessment year, the project is now approved for an additional three years beginning with the 2003-2004 assessment year. The project, located at a specified address in Pune, is estimated to cost thirty lakhs. This extension follows a recommendation by the national committee, which confirmed the project's proper execution.
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