Exemption under section 35AC extended for ENT Charitable Trust project, specified as eligible for one additional year. The Central Government specifies the ENT Charitable Trust project for purchase of equipment and construction of a school and ear-care centre at Bandangari, Malad East, Mumbai as an eligible project under the Explanation to section 35AC, extending its specified status for one further year commencing with the financial year 2005-2006 without altering the approved estimated cost, pursuant to a committee recommendation under the Income-tax Rules that the project is being executed properly.