Section 35AC project specification extends tax-eligible status of Basavanagudi swimming pool complex for three years. The Central Government, under the Explanation to section 35AC, specifies the Basavanagudi Aquatic Centre's construction and running of a swimming pool complex with boarding and lodging and a modern gymnasium as an eligible project for tax-relief for a further three years commencing with financial year 2007-08, on the recommendation of the National Committee under rule 11M, without any change in the approved cost of Rs. 100.30 lakhs.