Tax incentive eligibility extended under Section 35AC for Children of the World scheme, allowing continued deductible project expenditure. The Central Government, exercising powers under clause (b) of the Explanation to section 35AC of the Income-tax Act, specifies the scheme of Children of the World (India) Trust for land development, construction, furnishing and equipments/medicines of Vishwabalak Kendra at Nerul, Mumbai as an eligible project or scheme for a further period of two assessment years commencing from assessment year 1998-99, following the National Committee's recommendation that the project was being executed properly.