Exemption under section 35AC extended to agricultural and rural development training scheme for a further three assessment years. The Central Government, under section 35AC, specifies the Ramakrishna Mission's training in agriculture and allied subjects and Rural Development Programme at Morabadi, Ranchi, executed by Ramakrishna Mission, P.O. Belur Math, Howrah, as an eligible project or scheme for a further period of three assessment years commencing from the assessment year 2000 2001, following the National Committee's recommendation that the project is being properly executed, at an estimated cost of rupees one crore thirty lakhs five thousand.