Exemption under section 35AC extended for Smt. Lakshmi Shah Rural Medical and Research Centre; eligibility renewed for further period. Central Government specifies the construction, equipment, furnishing and running of Smt. Lakshmi Shah Rural Medical and Research Centre by Smt. Lakshmi and Shri Janki Lal Shah Foundation as an eligible project for tax exemption under the Explanation to section 35AC, following a National Committee recommendation, and extends the project's period of eligibility for a further three years commencing with the assessment year 2002 2003.