Deduction under section 35AC: project period extended and maximum project cost for deduction increased following Committee recommendation. The Central Government, on the National Committee's recommendation that the project is being properly executed, notifies continuation of Jamia Islamia Ishaatul Uloom's 'Maintenance and expansion of present activities' for the financial year 2016-17 and amends the earlier notification to substitute the previously notified maximum allowable project cost with an enhanced project cost for purposes of deduction under the Income-tax Act.