Approved M/s. Tamilnadu Power Finance and Infrastructure Development Corporation Ltd., Chennai u/s 36(1)(viii) - S. O. 1195 - Income Tax

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.