Exemption under section 35AC extended for housing facility project, maintaining eligibility and approved cost unchanged for an additional period. Central Government notified continuation of the Income-tax exemption under section 35AC for the project 'Housing facility for doctors, nurses and essential staff and instruments, equipments and furniture' by Kai Mohan Thuse Netra Rugnalaya, Narayangaon, declaring it an eligible project for a further period beginning with financial year 2008-09, with the approved cost unchanged and the existing corpus fund retained, under the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC.