Tax exemption under section 35AC extended for an eligible charitable scheme, but not applicable to donations collected in the elapsed financial year. The Central Government, on recommendation of the National Committee, notifies continued eligibility for income tax exemption of the Banwasi Seva Ashram project comprising the Mahatma Gandhi Mission, women and children centres, and Banwasi Bhawana, at the previously approved aggregate cost, for a further three year period, while expressly disallowing issuance of exemption certificates for donations collected during the already elapsed financial year.