Exemption under section 35AC: Project 'Eye Hope' specified as eligible for a further three-year period after government notification. Exemption under section 35AC: the Central Government specifies Project 'Eye Hope' by Eye Bank Coordination and Research Centre, Mumbai, as an eligible project for a further three-year period following a recommendation by the National Committee, without any change to the previously approved project cost and corpus fund, under the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC and applicable Income-tax Rules.