Section 35AC eligibility extended for a charitable school construction project after committee recommendation to continue tax-incentive status. The Central Government specifies the construction of the Mahakavi Bharathivar School Building Complex by Sevalaya as an eligible project under Section 35AC for a further three-year period commencing with assessment year 2004-2005, following a National Committee recommendation that the project is being properly executed and likely to extend beyond six years; the notification records the estimated cost and extends the project's eligibility.