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<h1>Approval under section 36(1)(viii) recognition for tax purposes granted to company, subject to statutory compliance.</h1> Approval for tax-deduction recognition under section 36(1)(viii) was granted to Gruh Finance Limited by central government notification for the assessment year, subject to the condition that the company shall conform to and comply with the provisions of section 36(1)(viii) of the Income-tax Act, 1961.