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of <h1>SREI Home Finance Gains Central Approval Under Section 36(1)(viii) for Tax Benefits on Long-Term Housing Finance</h1> M/s SREI Home Finance Ltd., based in Calcutta, has been approved by the Central Government under section 36(1)(viii) of the Income-tax Act, 1961, for the assessment years 1999-99, 1999-2000, and 2000-2001. The approval requires the company to focus on providing long-term finance for residential housing, submit annual audited financial statements and deduction claims, maintain a special reserve as per the Act, and comply with all conditions outlined in section 36(1)(viii) of the Income-tax Act.
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