Section 35AC eligibility extended for recurring-care project at Abhaya Ashraya; funds under CSR Schedule VII excluded. The Central Government notifies continuation of the recurring-cost project run by Abhaya Ashraya as an eligible project under Section 35AC for a further three financial years commencing 2016-17, without change to the approved estimated cost and corpus fund, based on the National Committee's recommendation. The notification clarifies that the Section 35AC exemption does not apply to funds received under Schedule VII of Section 135 of the Companies Act and the Companies (CSR) Rules, 2014.