Section 35AC exemption extended for Kukru Development Project, making its specified activities eligible for tax-exempt status for two years. The Central Government, under Section 35AC and the Explanation thereto, specifies the Kukru Development Plan Project of Santulan Society-covering goat raising, construction of building, dug well/stop dam and project operations at Village Kukru, Tehsil Bhainsdehi, District Betul-as an eligible project or scheme for a further two assessment years following a National Committee recommendation, at the estimated project cost set out in the notification.