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of <h1>Sri Sankara Deva Nethralya Phase-I Expansion Project Extended Under Section 35AC for Additional Three Years</h1> The Central Government, under section 35AC of the Income-tax Act, 1961, has specified the project for purchasing equipment and vehicles, and constructing a building for the Sri Sankara Deva Nethralya Phase-I Expansion project in Guwahati, Assam, as an eligible scheme. This project, managed by a health and educational foundation, was initially recognized for three years starting from the assessment year 1999-2000. Due to its ongoing nature and satisfactory execution, it has been extended for an additional three years beginning from the assessment year 2002-2003, with an estimated cost of twenty crores eleven lakhs.
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