Notification: 10998
Section(s) Referred: s. 36(1)(viii)
Statute: INCOME TAX
Date of Issue: 8/7/1999
It is notified for general information that M/s 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.
[F.No. 204/22/97/ITA.II]                                                                        

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