Exemption under section 35AC: eligible charitable projects extended and maximum deductible project cost increased. Central Government specifies the furnishing and running of the Centre for Independent Living and Antop Hill School by the Society for Education of the Crippled as an eligible project or scheme under section 35AC for a further three-year period beginning with assessment year 2004-2005, following the National Committee's recommendation. The Government amends the original notification to increase the maximum amount of cost allowable as a deduction by substituting the prior capped project cost with a higher figure in the notification Table.