Deduction under section 35AC extended for a specified hospital project and allowable project cost ceiling increased. The Central Government, under the Explanation to section 35AC, specifies the construction and running of a hospital at Mount Abu by Global Hospital & Research Centre as an eligible project for deduction for a further three-year period commencing with the financial year 2006-2007, and amends the earlier notification by substituting the previously prescribed maximum allowable project cost with a higher consolidated project cost figure that includes the corpus fund component.