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    <title>Exemption u/s 35AC the Central Govt. approves the institutions mentioned in column (2) as eligible projects or schemes</title>
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    <description>Approval under Section 35AC designates specified institutions and their described projects as eligible for deduction by permitting the stated project costs, up to the specified maxima, to be claimed as deductions; the approval applies only to the projects and maximum amounts set out and is limited to the three financial years identified, with later substitutions to institution particulars recorded in the notes.</description>
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      <description>Approval under Section 35AC designates specified institutions and their described projects as eligible for deduction by permitting the stated project costs, up to the specified maxima, to be claimed as deductions; the approval applies only to the projects and maximum amounts set out and is limited to the three financial years identified, with later substitutions to institution particulars recorded in the notes.</description>
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