Exemption under section 35AC extended for construction of hostels and ashramsalas following National Committee recommendation. Exemption under section 35AC is specified for construction of four hostels and development of ashramsalas by Shree Hanuman Vyayam Prasarak Mandal, originally notified for three years from assessment year 1996 97; upon a National Committee recommendation that execution was proper and the project would extend, the Central Government specified the same project as eligible for a further three assessment years commencing from assessment year 1999 2000 at the estimated cost set out in the notification.