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of <h1>Central Government Approves Meghalaya Industrial Development Corporation for Tax Benefits Under Section 36(1)(viii) for 1997-2000.</h1> M/s Meghalaya Industrial Development Corporation Limited has been approved by the Central Government under section 36(1)(viii) of the Income-tax Act, 1961, as a corporation providing long-term finance for industrial development. This approval applies to the assessment years 1997-98, 1998-99, and 1999-2000. The approval is contingent upon the corporation's compliance with the provisions of section 36(1)(viii) of the Income-tax Act, 1961.
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