Approval under section 36(1)(viii): company recognised for deduction eligibility subject to statutory compliance. Approval is granted to BOB Housing Finance Ltd. as a company for the purposes of clause (viii) of sub section (1) of section 36 of the Income tax Act, 1961 for the assessment year 1995-96, and the approval is subject to the condition that the company shall conform and comply with the provisions of section 36(1)(viii) of the Income tax Act, 1961.