Exemption under section 35AC: project for land development and running of Shree Nirmal Vivek Institute retained as eligible. The Central Government, under sub section (1) read with clause (b) of the Explanation to section 35AC and on recommendation under sub rule (5) of rule 11M, specifies the land development, construction, furnishing, equipment and running of Shree Nirmal Vivek Institute by the Society for Welfare of Mentally Handicapped, Jaipur, as an eligible project for a further three year period beginning with the assessment year 2002 2003, identifying the executing entity, scope of activities and the estimated project cost.