Section 35AC eligibility extended for SNS Foundation welfare programmes, renewing a specified three-year period commencing financial year 2010-11. The Central Government, exercising powers under sub-section (1) read with the Explanation to Section 35AC of the Income-tax Act, specifies SNS Foundation's welfare programmes in health, education and environment as an eligible project and renews that specified status for a further three-year period commencing with the financial year 2010-11, without change in the approved project cost of Rs. 16.5 crore, following a recommendation by the National Committee that the project is being executed properly.