Exemption under Section 35AC extended for a specified charitable construction project following committee recommendation and unchanged approved cost. The Central Government specified the construction of a school, hostel and residence quarters at Village Sola by Shri Apang Abhyudaya Mandal as an eligible project under the Explanation to section 35AC, and, on recommendation of the National Committee, further specified the same project for a three-year extension commencing from the financial year 2004-2005 without change in the approved cost.