Exemption under section 35AC extended for construction of a Naturopathy Institute cum Hospital; eligible project status renewed for two assessment years. Central Government specified the construction of a Naturopathy Institute cum Hospital at Patparganj, including infrastructural facilities, equipment and furnishing carried out by Nature Cure and Yoga Trust, as an eligible project for income tax exemption under section 35AC. Following a National Committee recommendation that the project was being executed properly and extended beyond the initial period, the Government renewed the project's eligible status for a further two assessment years commencing with the assessment year 2000 2001.