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of <h1>Anagram Housing Finance Ltd. Gains Approval for Tax Benefits Under Section 36(1)(viii) for Specific Assessment Years</h1> M/s Anagram Housing Finance Ltd., located in Ahmedabad, has been approved by the Central Government under section 36(1)(viii) of the Income-tax Act, 1961, for the assessment years 1996-97, 1997-98, and 1999-99. The approval is contingent upon the company primarily engaging in long-term financing for residential construction or purchase. Additionally, the company must annually submit its audited financial statements and a statement of deductions claimed under this section by the due date for filing income returns. It must also create and maintain a special reserve as required by the Act and comply with all other conditions of section 36(1)(viii).
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