Tax exemption under section 35AC extended for charitable old age home and eye hospital project, preserving donor deduction eligibility. The Central Government, under section 35AC of the Income tax Act, specifies the construction, furnishing and running of the South Block of Ashram Sravana Old Age Home and Eye cum General Hospital by the Association for the Care of the Aged as an eligible project, following a National Committee recommendation, at an estimated cost of nine lakhs seventy thousand rupees for a further three year period beginning with the assessment year 2001 2002.