Approval as Housing Finance Company permits tax treatment under section 36(1)(viii) subject to compliance conditions. Approval is granted to the Housing and Urban Development Corporation Ltd. as a Housing Finance Company for the purposes of section 36(1)(viii) of the Income-tax Act, permitting recognition under that provision for the stated assessment years, subject to the condition that the company shall conform to and comply with the requirements of section 36(1)(viii).
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Provisions expressly mentioned in the judgment/order text.
Approval as Housing Finance Company permits tax treatment under section 36(1)(viii) subject to compliance conditions.
Approval is granted to the Housing and Urban Development Corporation Ltd. as a Housing Finance Company for the purposes of section 36(1)(viii) of the Income-tax Act, permitting recognition under that provision for the stated assessment years, subject to the condition that the company shall conform to and comply with the requirements of section 36(1)(viii).
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