Exemption under section 35AC extended for the specified hospital construction project, preserving its tax eligible status for further years. The Central Government, acting under the clause enabling specification of eligible projects under the Income-tax Act, specifies the construction of an 80 bedded general hospital with equipment and furniture at Talab Tillo Road, Jammu by BEE ENN Charitable Trust as an eligible project for tax relief for a further three assessment years commencing from assessment year 1998-99, following the National Committee's recommendation that the project is being executed properly.