Exemption under section 35AC: scheme specified as eligible for an extended period under income tax rules. The Central Government specifies the scheme of Swa-Roopwardhinee, Pune, for running a Balwadi and a centre for integrated development of girls, boys and women slum dwellers and for women's development activities as an eligible project under the income tax exemption provision. Pursuant to a National Committee recommendation, the scheme is specified for a further period of three assessment years commencing from the assessment year 1998 99 at an estimated project cost of rupees forty lakhs.