Approval under section 36(1)(viii) permits specified tax treatment subject to compliance with statutory conditions. Peerless Abasan Finance Limited, Calcutta, has been granted governmental approval under section 36(1)(viii) of the Income-tax Act, 1961, for specified assessment years, subject to the condition that the company conforms to and complies with the provisions of section 36(1)(viii); the approval is recorded by an administrative notification reference.
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Provisions expressly mentioned in the judgment/order text.
Approval under section 36(1)(viii) permits specified tax treatment subject to compliance with statutory conditions.
Peerless Abasan Finance Limited, Calcutta, has been granted governmental approval under section 36(1)(viii) of the Income-tax Act, 1961, for specified assessment years, subject to the condition that the company conforms to and complies with the provisions of section 36(1)(viii); the approval is recorded by an administrative notification reference.
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