Exemption under Income-tax Act: technical education project for women specified as eligible scheme for further assessment years. The Central Government designates the technical educational project for women at Village Shirgaon, near Ratnagiri, Maharashtra, operated by Maharshi Karve Stree Shikshan Sanstha, as an eligible project or scheme for tax exemption under the Income-tax Act at an estimated cost of rupees one hundred seven lakhs sixty five thousand, for a further period of three assessment years commencing from the assessment year 1999-2000, following the National Committee's recommendation under the Income-tax Rules.