Exemption under section 35AC extended for Vaso Arogya Mandal hospital project by central government for a further term. Central Government specifies continued eligibility under the Income-tax Act for Vaso Arogya Mandal's hospital project-construction, equipment purchase and operation at Vaso, Nadiad-following a National Committee recommendation, extending the project's eligible period for a further three years from assessment year 2004-2005, with an estimated cost of forty-two lakhs.