Approval under section 36(1)(viii) requires housing finance company to maintain special reserve and annual audited filings. Approval is granted to Andhra Bank Housing Finance Ltd. under the Income tax provision for housing finance companies, subject to the company having as its main object long term residential housing finance, annually filing audited accounts and the deduction statement before the return due date, creating and maintaining the required special reserve, and fulfilling all other statutory conditions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Approval under section 36(1)(viii) requires housing finance company to maintain special reserve and annual audited filings.
Approval is granted to Andhra Bank Housing Finance Ltd. under the Income tax provision for housing finance companies, subject to the company having as its main object long term residential housing finance, annually filing audited accounts and the deduction statement before the return due date, creating and maintaining the required special reserve, and fulfilling all other statutory conditions.
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