Approval under section 36(1)(viii) for corporate deduction granted for specified assessment years, subject to statutory compliance. The Central Government approved M/s. Tamilnadu Power Finance and Infrastructure Development Corporation Ltd., Chennai, for purposes of section 36(1)(viii) of the Income-tax Act, 1961 for the assessment years 1998-99 and 1999-2000, by public notification. 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.
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Approval under section 36(1)(viii) for corporate deduction granted for specified assessment years, subject to statutory compliance.
The Central Government approved M/s. Tamilnadu Power Finance and Infrastructure Development Corporation Ltd., Chennai, for purposes of section 36(1)(viii) of the Income-tax Act, 1961 for the assessment years 1998-99 and 1999-2000, by public notification. 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.
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