Exemption under section 35AC extended for construction and operation of a special school and hostel by a nonprofit. The Central Government has notified continuation of the project by Sri Dakshinya Bhava Samithi-construction, equipment, furnishing and running of a special school, hostel and staff quarters at Padapalakaluru Village, Guntur-as an eligible scheme for exemption under section 35AC for a further three-year period beginning with financial year 2008-09, on the National Committee's recommendation and without any change in the approved project cost.