Section 35AC exemption extended for a specified eye-hospital project, preserving prior approved cost and eligibility. Central Government specifies extension of the Section 35AC tax-exemption for the construction, furnishing and running of an eye hospital at MIDC, Miraj, Sanghli, Maharashtra by Lions Comprehensive Eye Care Foundation as an eligible project for a further three-year period beginning with financial year 2007-08, without any change in the approved project cost, following the National Committee's recommendation under the income-tax rules.