Explanation to section 35AC eligibility extended for hospital project; extension granted and approved cost unchanged. The Central Government, under the Explanation to section 35AC of the Income tax Act, specifies the construction of an 80 bed general hospital at Talab Tillo Road, Jammu by BEE ENN Charitable Trust as an eligible project or scheme for tax deduction purposes for a further three years commencing from financial year 2006 07, on the National Committee's recommendation that the project is being properly executed and likely to extend beyond twelve years, with the approved project cost remaining unchanged.