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of <h1>Infrastructure Development Finance Co. approved for long-term industrial finance under section 36(1)(viii) of Income-tax Act for 1999-2000.</h1> Infrastructure Development Finance Company Ltd., Chennai, has been approved by the Central Government as a corporation providing long-term finance for industrial development under section 36(1)(viii) of the Income-tax Act, 1961, for the assessment year 1999-2000. This approval is contingent upon the company adhering to the provisions outlined in section 36(1)(viii) of the Income-tax Act, 1961.
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