https://www.taxtmi.com/highlights?id=55526 Deduction u/s 36(1)(viii) - Whether assessee is eligible for deduction u/s 36(1)(viii) even though the assessee is not an eligible entity under the provisions of the Act prior to amendment w.e.f. 01.04.2008? - the assessee is squarely covered within the meaning of expression ‘Financial Corporation’ and is entitled to benefit of deduction under Section 36(1)(viii) of the Act. - HC en-us Tue, 17 Nov 2020 11:20:17 +0530 Tue, 17 Nov 2020 11:20:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=55526 Deduction u/s 36(1)(viii) - Whether assessee is eligible for deduction u/s 36(1)(viii) even though the assessee is not an eligible entity under the provisions of the Act prior to amendment w.e.f. 01.04.2008? - the assessee is squarely covered within the meaning of expression ‘Financial Corporation’ and is entitled to benefit of deduction under Section 36(1)(viii) of the Act. - HC Highlights Income Tax Tue, 17 Nov 2020 11:20:17 +0530 https://www.taxtmi.com/highlights?id=55526