Tax exemption under section 35AC extended for charitable home construction; eligibility renewed for a further three-year period. The Central Government, invoking section 35AC, specifies as eligible the project of constructing a building, furnishing it and providing a vehicle for a Home for Aged and Orphans at Pedakakani, Guntur, executed by Vathsalya Ashram; following a National Committee recommendation that the project has been properly executed, the specification is extended for a further three-year period beginning with assessment year 2001-2002, with an estimated project cost stated in the notification.