Section 35AC exemption extended for Social Action for Manpower Creation projects, qualifying construction and maintenance for further assessment years. The Central Government specified the Social Action for Manpower Creation project - comprising construction of six balsadans, maintenance of sixty orphans and destitute children, and construction of a vocational training centre at Village Bhaje, Taluk Maval, District Pune - as an eligible project under Section 35AC, and, following a National Committee recommendation that the project is being properly executed, extended that specification for a further three assessment years commencing from assessment year 1996-97, with the notification recording the estimated project cost.