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Notification: 11272
Section(s) Referred: s. 36(1)(viii)
Statute: INCOME TAX
Date of Issue: 14/3/2000
It is notified for general information that M/s Infrastructure Development Finance Company Ltd. Chennai, 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.
2. The approval is subject to the condition that the company will conform to and comply with the provisions of section 36(1)(viii) of the IT Act, 1961. [F. No. 204/15/97/ITA.II]
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