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<h1>Housing finance company approval under section 36(1)(viii) granted, subject to statutory compliance under the Income tax Act.</h1> M/s. Peerless Abason Finance Limited is approved as a housing finance company for purposes of section 36(1)(viii) of the Income tax Act for the specified assessment years, subject to the condition that the company conforms to and complies with the provisions of that section for the approval to remain effective.