Exemption under section 35AC extended for specified hospital project after National Committee recommendation; notification renews eligibility period. Specification under section 35AC designates instruments, equipment, vehicle and running of B.D. Patel General Hospital at Umreth, Gujarat, as an eligible project for income-tax exemption; the Central Government, acting on the National Committee's recommendation under rule 11M(5), extended the project's period of specification for a further three years beginning with assessment year 2001-2002, exercising powers under sub-section (1) read with clause (b) of the Explanation to section 35AC.