Approval under section 36(1)(viii): housing finance company eligible for deduction subject to audited accounts and reserve maintenance. Approval is granted to M/s BOB Housing Finance Limited, Jaipur, under the Income-tax provision for housing finance companies, subject to conditions: the company's main object must be long-term housing finance; it must annually submit audited accounts and a statement of the deduction claimed by the return filing due date; it must create and maintain the required special reserve; and it must satisfy all other statutory conditions for the deduction.
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Approval under section 36(1)(viii): housing finance company eligible for deduction subject to audited accounts and reserve maintenance.
Approval is granted to M/s BOB Housing Finance Limited, Jaipur, under the Income-tax provision for housing finance companies, subject to conditions: the company's main object must be long-term housing finance; it must annually submit audited accounts and a statement of the deduction claimed by the return filing due date; it must create and maintain the required special reserve; and it must satisfy all other statutory conditions for the deduction.
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