Exemption under section 35AC: eligibility extended for Madhukant Foundation's hospital and related projects for a further assessment period. Central Government specified under section 35AC the Madhukant Foundation project at Sadra, Dehgam-construction and running of a hospital, a primary school, Balmandir, a funeral home, and related equipment and furniture-as an eligible project; on the National Committee's recommendation that the project is being executed properly, the Government extended its eligibility for a further three year period commencing from the assessment year 2000 2001, at the estimated project cost plus corpus fund.