Tax deduction eligibility extended for Children Welfare Centre school construction, project specified for a further three year period. The Central Government specified the Children Welfare Centre's Construction of school building (Phase II) at Yari Road, Versova, Mumbai as an eligible project under the Explanation to section 35AC, extending specification for a further three years commencing assessment year 2003 2004, following the National Committee's recommendation that the project was being executed properly and was likely to extend beyond the original three year period.