Exemption under section 35AC extended for an Integrated Rural Development Project, preserving its eligibility for tax-deductible donations. Extension of tax exemption eligibility under Section 35AC for the Integrated Rural Development Project executed by Bhansali Trust: following a recommendation by the National Committee that the project is being properly executed and is likely to extend beyond the initial three-year period, the Central Government specifies the project as an eligible scheme for a further two-year period commencing from the stated financial year, without any change to the approved project cost, thereby preserving its qualification under the statutory exemption framework.