Section 35AC tax exemption extended for a charitable hospital project, preserving eligibility for contributions over three further financial years. The Central Government notifies the Kanoria Hospital and Research Centre project as an eligible project for tax-exemption purposes for a further three-year period beginning with financial year 2008-2009, following a recommendation by the National Committee that the project is being executed properly; the notification preserves the previously approved project cost and continues the scheme's status under the Income-tax Act and applicable rules.