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Approval as housing finance company under section 36(1)(viii) confers tax recognition subject to statutory compliance. Approval is granted to M/s. Pariwar Finance Company Limited as a Housing Finance Company under section 36(1)(viii) of the Income-tax Act, 1961 for specified assessment years, subject to the condition that the company conform to and comply with the provisions of section 36(1)(viii).
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<h1>Approval as housing finance company under section 36(1)(viii) confers tax recognition subject to statutory compliance.</h1> Approval is granted to M/s. Pariwar Finance Company Limited as a Housing Finance Company under section 36(1)(viii) of the Income-tax Act, 1961 for specified assessment years, subject to the condition that the company conform to and comply with the provisions of section 36(1)(viii).