Section 35AC project extension grants continued tax-deduction eligibility and raises the allowable project cost ceiling. Notification under Section 35AC designates B.T. Savani Kidney Hospital, executed by Saurashtra Kidney Research Institute, as an eligible project for a further three-year period commencing 2013-14, following a recommendation under rule 11M(5) that the project is properly executed and likely to extend beyond six years. The notification amends prior notifications to substitute the earlier stated maximum allowable cost for deduction under Section 35AC with a revised ceiling of Rs. 8.50 crore.