Exemption under section 35AC extends eligibility for Rotary Club Nadiad vocational training centre for three more assessment years. Central Government specified the construction, equipment purchase and furnishing of a Vocational Training and Rehabilitation Centre at Nadiad by Rotary Club Nadiad Samaj Seva and Sansodhan Trust as an eligible project under the Explanation to section 35AC, for a further three-year period beginning with the assessment year 2001-2002, recording an estimated project cost and an associated corpus fund after a National Committee recommendation on extension.