Extension under section 35AC: eligible project status extended and maximum allowable project cost increased for a welfare scheme. The Central Government notifies the specified Savali project as an eligible project for a further three-year period commencing with financial year 2012-13, following the National Committee's recommendation that the project is properly executed and should be extended. The notification also amends the earlier notification by substituting the previously stated maximum project cost with a higher project cost for purposes of allowing deduction under the Income tax Act.