Exemption under section 35AC: project period extended and project cost amended for eligible medical and education scheme. The Central Government specified that the Kuppuswamy Naidu Charity Trust's project for running Chidbavananda Rural Education and Medical Centre, the Rural Medical Centre at Anaikatti, and construction and running of M/s. G. Kuppuswamy Naidu Memorial Hospital is an eligible project under the Explanation to section 35AC for an additional three-year period, and amended the prior notification to substitute the earlier maximum project cost with an increased maximum project cost while retaining the corpus fund amount.