Approval under section 36(1)(viii) allows housing finance deductions subject to object, reserve, and annual filing conditions. Approval under section 36(1)(viii) permits Residency Housing Finance Limited to claim deductions subject to conditions: primary object of providing long-term residential housing finance; creation and maintenance of the special reserve; annual submission of audited financial statements and a statement of deductions by the return filing due date; and satisfaction of all other statutory conditions under the provision.
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) allows housing finance deductions subject to object, reserve, and annual filing conditions.
Approval under section 36(1)(viii) permits Residency Housing Finance Limited to claim deductions subject to conditions: primary object of providing long-term residential housing finance; creation and maintenance of the special reserve; annual submission of audited financial statements and a statement of deductions by the return filing due date; and satisfaction of all other statutory conditions under the provision.
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