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of <h1>Hospital Project in Gujarat Gets 3-Year Extension Under Income-tax Act Section 35AC for Continued Support</h1> The Central Government, under section 35AC of the Income-tax Act, 1961, has specified the construction, furnishing, and operation of a hospital in Crozaria, Mehsana District, Gujarat by a local trust as an eligible project. Initially recognized in 1996 for three years, the project received extensions in 1999 and now again for three more years starting from the 2003-2004 assessment year. The project, with an estimated cost of 59 lakhs, has been deemed properly executed by the National Committee, warranting further support.
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