Section 35AC eligible project extension: Bannari Rural Foundation's education scheme continues for a further multi-year period. The Central Government, under Section 35AC, specifies the Bannari Rural Foundation's scheme 'Advancement of Running and Support Education Institutions' as an eligible project for tax-deductible expenditure, confirming continuation beyond the initial term, maintaining the approved project cost, and acting on a recommendation by the National Committee under the Income-tax Rules to specify the project for a further multi-year period.