Approval as Housing Finance Company recognized under income-tax provisions, subject to ongoing compliance with section 36(1)(viii) requirements. Approval of M/s. Parashwanth Housing Finance Corporation Limited as a Housing Finance Company under section 36(1)(viii) of the Income-tax Act, 1961 is notified for the assessment years 1987-88 and 1991-92 to 1994-95. The approval is subject to the condition that the company shall conform to and comply with the provisions of section 36(1)(viii) of the Income-tax Act, 1961.
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Provisions expressly mentioned in the judgment/order text.
Approval as Housing Finance Company recognized under income-tax provisions, subject to ongoing compliance with section 36(1)(viii) requirements.
Approval of M/s. Parashwanth Housing Finance Corporation Limited as a Housing Finance Company under section 36(1)(viii) of the Income-tax Act, 1961 is notified for the assessment years 1987-88 and 1991-92 to 1994-95. The approval is subject to the condition that the company shall conform to and comply with the provisions of section 36(1)(viii) of the Income-tax Act, 1961.
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