Deduction under section 35AC approved for adventure and eco tourism infrastructure; three-year approval period specified. Approval under Section 35AC is granted for The Manipur Mountaineering & Trekking Association to carry out an 'Infrastructure Development Project on Adventure and Eco Tourism,' with an estimated project cost and a specified maximum portion of that cost allowable as a deduction under the section. The notification limits the period of approval to three financial years commencing with 2014-15 and ending with 2016-17, and confines deductibility to the maximum amount set for that period.