Section(s) Referred: 36 ,36(1) ,36(1)(viii)
Statute: INCOME TAX
Date of Issue: 31/5/1994
In exercise of the powers conferred by clause (viii) of sub-section (1) of section 36 of the Income-tax Act, 1961, the Central Government hereby approves Ind Bank Housing Limited, 178, Kodambakkam High Road, Nungambakkam, Madras, for the purpose of the said clause for the assessment years 1994-95, 1995-96 and 1996-97.
The approval is subject to the condition that the company will conform to and comply with the provisions under section 36(1)(viii) of the Income-tax Act, 1961.
[Notification No. 9553/F. No. 204/5/93-ITA. II