Exemption under section 35AC extended for the expansion of two school buildings as an eligible project for three assessment years. The Central Government, acting under the Income-tax Act and following a National Committee recommendation under the Income-tax Rules, specified the expansion of Dalmia Senior Higher Secondary School and Secondary Girls Senior Higher Secondary School at Chirawa by the Dalmia Shiksha Samiti as an eligible project for exemption under section 35AC for a further three assessment years commencing from the assessment year 1999-2000, and recorded the estimated project cost in the notification.