Income-tax exemption extends eligibility for a hospital construction project, preserving the approved project cost and extension period. The Central Government specifies the construction of Phase I of Bhagwan Mahaveer Cancer Hospital and Research Centre, Jaipur, by Bhagwan Mahaveen Cancer Hospital & Research Centre as an eligible project under Section 35AC, and extends its eligibility for a further two years beginning with the financial year 2006-07 without any change in the approved project cost of Rs. 2676.00 lakhs, following the National Committee's recommendation and noting prior specifications, extensions and cost enhancements.