Exemption under section 35AC: eligible project extension for Eye Research Training Centre enabling continued tax-eligible donations. The Central Government specifies the construction of building and equipment for the Eye Research Training Centre at Veerayatan, Rajgir, Nalanda, Bihar, as an eligible project under the Explanation to section 35AC, and, following the National Committee's recommendation that the project is being executed properly, extends the specification for a further three years beginning with the assessment year 2001 2002 at the estimated cost stated in the notification.