Exemption under section 35AC extended: specified charitable oncology project remains eligible for three further assessment years. Central Government specified that AWARE Hospitals-Institute of Oncology and Cancer Treatment and Research Project at Hyderabad is an eligible project or scheme for income tax exemption under the power invoked in relation to section 35AC. Following the National Committee's recommendation that the project was being executed properly, the Government extended the specification for a further three assessment years commencing with the assessment year 1999 2000, thereby prolonging the period during which qualifying contributions or expenditures attract the statutory exemption.