Approval under section 36(1)(viii): Corporation recognised for providing long term industrial finance for the relevant assessment year. The Central Government has declared M/s Power Finance Corporation Ltd., New Delhi, to be a corporation engaged in providing long term finance for industrial development and eligible for recognition under section 36(1)(viii) of the Income tax Act for the assessment year 1999-2000.
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.
Approval under section 36(1)(viii): Corporation recognised for providing long term industrial finance for the relevant assessment year.
The Central Government has declared M/s Power Finance Corporation Ltd., New Delhi, to be a corporation engaged in providing long term finance for industrial development and eligible for recognition under section 36(1)(viii) of the Income tax Act for the assessment year 1999-2000.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.