Exemption under section 35AC extended for construction of a community care and research centre as an eligible project. Construction of a community care and research centre at Miraj by Sanjeevan Medical Foundation is specified as an eligible project or scheme for income-tax exemption; the National Committee recommended, upon satisfaction with project execution and its likely extension beyond the initial period, that the Central Government extend the specification for a further three assessment years commencing from the assessment year 1996-97, with the notification recording the project's estimated cost.