Section 35AC eligible project extension grants a further three-year tax-exempt designation to Amar Seva Sangam's disability project. Section 35AC notification extends eligibility of Amar Seva Sangam's 'Valley for the Disabled' project at Ayikudi for a further three-year period beginning with assessment year 2002-2003. The specified project activities include construction of buildings, purchase of books, vehicles, equipment, furnishing and running costs; the extension follows a National Committee recommendation that the project is being executed properly and is recorded in a formal government notification with the estimated project cost.