Exemption under section 35AC: extension of specified healthcare project eligibility for an additional three-year period under Income-tax Act. The Central Government specifies the project of additional construction, equipments, medical camps and running of Sheth Kasturbhai Lalbhai Hospital at Laxmipura, carried out by Gyanmandal Laxmipura Group Prerit Arogya Mandal, as an eligible project for purposes of the tax exemption provision, and, on the National Committee's recommendation that the project is properly executed, extends that specification for a further three-year period commencing with the assessment year 2000-2001 at the estimated cost stated in the notification.