Exemption under section 35AC extended for a specified hostel and school project, preserving its eligible-project tax status. Central Government specifies the construction of a hostel for visually impaired college students and working women and the running of a school for visually impaired girls at Dadar by Smt. Kamla Mehta Dadar School for the Blind as an eligible project for income-tax exemption under the relevant provision, and, on recommendation of the National Committee, extends that specification for a further three-year period commencing with the assessment year 2004-2005, noting the project's estimated cost and corpus fund.