Tax approval for housing finance companies granted subject to housing finance object, annual audited filings and reserve maintenance. Central Government approval of BOB Housing Finance Limited for purposes of section 36(1)(viii) is subject to the company's principal object being long term housing finance; annual submission of audited profit and loss account, balance-sheet and statement of deduction before the return's due date; creation and maintenance of the prescribed special reserve; and fulfilment of all other statutory conditions for the deduction.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Tax approval for housing finance companies granted subject to housing finance object, annual audited filings and reserve maintenance.
Central Government approval of BOB Housing Finance Limited for purposes of section 36(1)(viii) is subject to the company's principal object being long term housing finance; annual submission of audited profit and loss account, balance-sheet and statement of deduction before the return's due date; creation and maintenance of the prescribed special reserve; and fulfilment of all other statutory conditions for the deduction.
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