Exemption under section 35AC extended to indoor gymnasium construction project with authorised location change and renewed eligibility. The Central Government specifies the construction of an indoor gymnasium hall and health club by the Allahabad Gymnastics Association as an eligible project for tax exemption under the income-tax statutory framework, extends eligibility for a further three assessment years commencing from the assessment year specified, authorises a change of project location to a plot in Beniganj, Tehsil Chail, Allahabad, and records the estimated project cost pursuant to a national committee recommendation and the income-tax rules.