Tax exemption under section 35AC extended for SOS Children's Village project, preserving donor deductibility for the renewed period. The Central Government re-specified the administration and maintenance of 27 villages run by SOS Children's Village of India as an eligible project or scheme for income-tax exemption for a further three-year period beginning with assessment year 2001-2002, acting on the National Committee's recommendation that the project was properly executed and pursuant to the explanatory clause and procedural rules under the Income-tax Act and Rules.