Notification: S. O. 1989
Section(s) Referred: s. 36(1)(viii)
Statute: INCOME TAX
Date of Issue: 8/7/1999
It is notified for general information that Power Finance Corporation Ltd., New Delhi, has been approved by the Central Government as a corporation engaged for providing long-term finance for industrial development in the country for the purposes of section 36(1)(viii) of the Income-tax Act, 1961, for the assessment year 1999-2000.
[Notification No. 10998/F. No. 204/22/97-ITA-II]