Section 35AC exemption extended for Girnar Development drinking water project, eligible for two further assessment years commencing 1998-99. The Central Government specified continued eligibility under Section 35AC for the Girnar Development/Drinking Water Project of Shree Neminath Bhagwant Public Trust, following a National Committee recommendation that the project was being executed properly; the project, at an estimated cost of one hundred fifty lakhs, is specified as an eligible scheme for a further two assessment years commencing with the assessment year 1998 99.