Tax exemption under section 35AC: eligible project status for special education centres extended after regulatory recommendation. The Central Government, under the Explanation to section 35AC of the Income-tax Act, specifies the project of equipping, furnishing and running special education centres for spastic children by the Spastics Society of Tamil Nadu as an eligible project, following a National Committee recommendation that the scheme is being executed properly, and extends that specification for a further three years beginning with assessment year 2000-2001.