Exemption under section 35AC: extension of eligibility for specified school, hostel and training project for tax benefit. The Central Government specifies that the construction of a school building, hostel for mothers of handicapped children and a training programme at Saraswathipuram, Mysore by Parents Association of Deaf Children are eligible projects or schemes under the Explanation to section 35AC of the Income tax Act; on recommendation of the National Committee and without change in the approved cost, the specification is extended for a further three assessment years commencing from assessment year 1996 97.