Exemption under section 35AC: extension of eligibility for a Primary Health Centre project, continuing tax benefit. The Central Government specifies the project of construction, furnishing and equipment of a Primary Health Centre at Kufri, Himachal Pradesh, carried out by PHD Rural Development Foundation, as an eligible project for income tax exemption under section 35AC for a further two year period commencing with the assessment year 2002 2003, following the National Committee's recommendation under rule 11M and noting the project's estimated cost.