Tax exemption under section 35AC extended for specified hospital modernisation project in Maharashtra following National Committee recommendation. The Central Government specifies the Dr. M.L. Dhawale Memorial Trust project in Maharashtra as an eligible project under section 35AC, covering construction and furnishing of a thirty bed hospital, modernisation of existing hospital facilities, and mobile health clinics/community health workers programme; the specification follows a National Committee recommendation under rule 11M(5) and extends the project's eligibility for a further period commencing from the assessment year 2004 2005.