Section 35AC tax exemption extended for Mangalam Medical Rehabilitation project after National Committee recommendation. The Central Government specified the construction, furnishing and equipment of Mangalam Medical Rehabilitation and Research Centre as an eligible project under section 35AC and, following a National Committee recommendation that execution was satisfactory and that the project would extend beyond the initial three years, extended the specification for a further three assessment years commencing from assessment year 1999-2000 at an estimated cost of thirty eight lakhs seven thousand.