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of <h1>Metropolitan Infrastructure Development Corporation Approved for Long-Term Infrastructure Finance under Section 36(1)(viii) for 1997-1998.</h1> Metropolitan Infrastructure Development Corporation Ltd., Chennai, has been approved by the Central Government as a corporation for providing long-term finance for infrastructure development under section 36(1)(viii) of the Income-tax Act, 1961. This approval applies to the assessment year 1997-1998 and requires the company to adhere to the provisions of the specified section of the Income-tax Act. This notification was issued under Notification No. 2119, dated September 30, 2000.
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