Approval under section 36(1)(viii): tax approval for housing finance company subject to object, reserve, audited accounts and compliance. Approval under section 36(1)(viii) is granted to M/s PNB Housing Finance Limited for the assessment year 1999-2000 subject to conditions: the company's main object must be long-term housing finance; it must annually submit audited accounts and the statement of deductions before the due date for filing returns; it must create and maintain the statutory special reserve; and it must satisfy all other conditions of the provision.
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Approval under section 36(1)(viii): tax approval for housing finance company subject to object, reserve, audited accounts and compliance.
Approval under section 36(1)(viii) is granted to M/s PNB Housing Finance Limited for the assessment year 1999-2000 subject to conditions: the company's main object must be long-term housing finance; it must annually submit audited accounts and the statement of deductions before the due date for filing returns; it must create and maintain the statutory special reserve; and it must satisfy all other conditions of the provision.
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