Specified Eligible Project under Section 35AC: extension of tax-advantaged status for a disability socioeconomic development scheme. The Central Government specifies the NASEOH project to enhance the socioeconomic status of Disabled in Ahmednagar District as an eligible project under the Explanation to section 35AC, extending the original three-year specification by a further three years from assessment year 2003-2004 following the National Committee's recommendation and noting associated estimated project funding and a corpus fund.