Section 35AC eligibility extended for a charitable project following National Committee recommendation and continued execution. The Central Government, under sub-section (1) read with clause (b) of the Explanation to Section 35AC of the Income-tax Act, specifies the project of construction, equipment, vans, furnishing and running of a home for spastics at Sector-7, Papankala, Dwarka, New Delhi, carried out by Handicapped Children's Parents Association, as an eligible project or scheme for a further period of three years beginning with the assessment year 2001-2002, following the National Committee's recommendation under rule 11M(5) upon satisfaction that the project is being executed properly.