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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Synergy Mortgage Loan Co. Approved for Tax Benefits Under Section 36(1)(viii) for 1999-2000; Must Meet Conditions</h1> M/s Synergy Mortgage Loan Company Limited, located in Bangalore, has been approved by the Central Government under section 36(1)(viii) of the Income-tax Act, 1961, for the assessment years 1999-99 and 1999-2000. The approval is contingent upon the company focusing on providing long-term finance for residential housing, submitting audited financial statements and deduction claims annually, maintaining a special reserve as required by the Act, and fulfilling all other conditions specified in section 36(1)(viii).