Housing Finance Company definition clarifies eligibility under section 80EE for entities providing long term residential housing finance. For purposes of the Income Tax Act provision, a Housing Finance Company means a public company formed or registered in India whose main object is carrying on the business of providing long term finance for construction or purchase of houses in India for residential purposes.
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Provisions expressly mentioned in the judgment/order text.
Housing Finance Company definition clarifies eligibility under section 80EE for entities providing long term residential housing finance.
For purposes of the Income Tax Act provision, a Housing Finance Company means a public company formed or registered in India whose main object is carrying on the business of providing long term finance for construction or purchase of houses in India for residential purposes.
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