Tax exemption under section 35AC: eligible technical school project specified and extended following National Committee recommendation. The Central Government specified the construction, equipment and running of a technical school at Village Sola by Shri Purushotam Seva Trust as an eligible project under section 35AC, noting prior specifications and extensions. The National Committee, satisfied with execution, recommended under rule 11M (sub rule (5)) a further three year specification, and the Government accordingly extends the project's eligibility for a further three years commencing assessment year 2004-2005 at the stated estimated cost.