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of <h1>Central Government extends eligibility for The Angles' Educational Trust project under Section 35AC of Income-tax Act, 1961.</h1> The Central Government, under section 35AC of the Income-tax Act, 1961, has extended the eligibility of a project by The Angles' Educational Trust for constructing a building, purchasing fixtures and equipment, and furnishing a school in Mumbai. Initially specified for three years starting from the assessment year 2000-2001, the project is now extended for an additional three years beginning with the assessment year 2003-2004. The project's estimated cost is INR 3,04,71,000. The National Committee confirmed the project's proper execution, recommending its continuation.
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