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of <h1>Ind Bank Housing Limited gains Central Government approval under Income-tax Act Section 36(1)(viii) for 1994-97 assessments.</h1> The Central Government has approved Ind Bank Housing Limited, located in Madras, under section 36(1)(viii) of the Income-tax Act, 1961. This approval applies for the assessment years 1994-95, 1995-96, and 1996-97. The company must adhere to the provisions outlined in section 36(1)(viii) of the Income-tax Act. This decision was formalized in Notification No. S.O.1406, dated May 31, 1994, under Notification No. 9553/F. No. 204/5/93-ITA. II.
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