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<h1>Peerless Abasan Finance Approved Under Section 36(1)(viii) for Assessment Years 1998-99 and 1999-2000</h1> Peerless Abasan Finance Limited, located in Calcutta, has been approved by the Central Government under section 36(1)(viii) of the Income-tax Act, 1961. This approval applies to the assessment years 1998-99 and 1999-2000. The company must adhere to the provisions outlined in section 36(1)(viii) of the Income-tax Act, 1961.