Explanation to section 35AC of the Income-tax Act, 1961, the Central Government had specified for Construction of buildings, furnishing and running of 'Valley for the Disabled' Project at Ayikudy, District of Tamil Nadu by Amar Seva Sangam - 129/2007 - Income Tax

Specification under Explanation to section 35AC extends tax eligibility for a nonprofit disability project for a further period.

The Central Government, upon recommendation of the National Committee under the Income-tax Rules, specified the ''Valley for the Disabled'' project carried out by Amar Seva Sangam at Ayikudy as an eligible project under the Explanation to section 35AC for a further three-year period commencing with the financial year 2007-08, reaffirming the approved scope of construction, purchase of books, vehicles and equipment, furnishing and running of the project without change in the approved cost.