Exemption under section 35AC extended for hospital equipment purchase and operations, sustaining tax-eligible charitable activity. Exemption under section 35AC is specified for the purchase of equipment and running of a hospital at Vatrak by Shri K.K. Shah Sabarkantha Arogya Mandal; the Central Government, on the National Committee's recommendation under the Income-tax Rules, has extended the project's eligibility for a further three-year period beginning with the assessment year 2001-2002.