Exemption under section 35AC extended to Assam Gujarat Voluntary Blood Bank for prioritized poor and general ward patients. Central Government specifies the furnishing and equipment project of the Assam Gujarat Voluntary Blood Bank and Research Centre, Guwahati, as an eligible project for income-tax exemption, conditioned that a majority of beneficiaries are patients below the poverty line or patients in Government hospital general wards receiving tested and screened blood free of charge; the National Committee recommended renewal and the scheme is specified for a further three assessment years at an estimated cost of thirty-three lakhs commencing from assessment year 1999-200.