Section 35AC exemption extended for eligible school construction and running project by Dalmia Shiksha Pratisthan. The Central Government, under the Explanation to section 35AC of the Income-tax Act, specifies the construction and running of schools (including cost of vehicles) in thirty villages of Sundergarh District by Dalmia Shiksha Pratisthan as an eligible project and extends that specification for a further three-year period commencing with the stated financial year, on the recommendation of the National Committee and without any change to the approved project cost.