Specification under section 35AC: eligible charitable construction project granted further two-year specification for tax incentive purposes. The Central Government, exercising powers under the Explanation to section 35AC, has specified the construction of an Administrative Building, Training-cum-Production Centre and Women Hostel at M.R. Palli by Rayalaseema Seva Samithi as an eligible project or scheme for a further period of two years, following the National Committee's recommendation that the project is being executed properly and is likely to extend beyond five years.