Section 35AC exemption extended for hospital and research centre project while preserving approved cost and eligibility status. The Central Government has specified the Haji Abdul Majid Memorial Public Trust project for construction and running of a hospital and research centre at Hojai, Assam, as an eligible project for tax exemption under the relevant provision, and, on the National Committee's recommendation, extended the eligible period for a further three years beginning with financial year 2009-10 without any change in the approved project cost of Rs. 7593.00 lakhs.