Exemption under section 35AC extended for vocational training centres scheme, preserving eligibility for a further three-year period. Pursuant to a National Committee recommendation under rule 11M(5) and exercising powers under sub-section (1) read with clause (b) of the Explanation to section 35AC, the Central Government specified the Sterlite Foundation's scheme of 45 vocational training centres for computer and tailoring courses as an eligible project for a further three-year period beginning with the assessment year 2001-2002, recording the estimated project cost and an associated corpus fund.