Section 35AC project listing extended for three years following committee recommendation, preserving original approved cost. The Central Government, exercising powers under the Explanation to section 35AC, specifies the Construction, furnishing and running of the South Block of Ashram Saravana Old Age Home and Eye cum General Hospital at Ramanayyapeta Village by the Association for the Care of the Aged as an eligible project or scheme for tax benefit purposes. On the recommendation of the National Committee under rule 11M(5), the scheme is specified for a further three years commencing from financial year 2006 07, without any change in the approved cost.