Tax exemption under section 35AC: government specified extension for a rural welfare project enabling continued donor relief. The Central Government specified the scheme of running rural welfare projects in health care, education, sports and cultural activities at Jankikund and Anandpur by Shri Sadguru Seva Sangh Trust as an eligible project under section 35AC, following a National Committee recommendation under rule 11M(5). The specification extends the project's eligibility for a further three year period commencing with assessment year 2004 2005, identifies the implementing trust and locations, and records the estimated corpus fund, thereby enabling income tax exemption claims in accordance with the statutory renewal mechanism.