Exemption under section 35AC for specified charitable hospital project extended, preserving donor tax deduction eligibility. The Central Government has specified the Poona Blind Men's Association's 50-bed eye hospital at Mohammedwadi, Pune, as an eligible project or scheme under section 35AC, following the National Committee's recommendation under rule 11M(5) that the project is being executed properly. The government re-specifies the project for a further three-year period commencing in the stated financial year without any change to the approved cost, exercising powers under subsection (1) read with the Explanation to section 35AC.