Childcare Workers Training Centre Project in Chennai Extended for Three Years Under Section 35AC of Income-tax Act
The Central Government has specified the construction, furnishing, and operation of a Childcare Workers Training Centre in Chennai by the Indian Council for Child Welfare as an eligible project under section 35AC of the Income-tax Act, 1961. Initially approved for three years starting in the 1996-97 assessment year, the project is now extended for an additional three years beginning with the 1999-2000 assessment year. The estimated cost is 8,728,000 rupees. The extension follows a recommendation from the National Committee, confirming the project's proper execution.
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