Exemption under section 35AC extended for oncology hospital expansion following National Committee recommendation and central government notification. The Central Government, exercising powers under the Income-tax Act, notifies the Netaji Subash Chandra Bose Institute of Oncology expansion by Barasat Cancer Research & Welfare Centre as an eligible project for a further three-year period beginning with the 2009-2010 financial year, without any change in the previously approved project cost, following recommendation by the National Committee under the Income-tax Rules.