Section(s) Referred: 36 ,36(1) ,36(1)(viii)
Statute: INCOME TAX
Date of Issue: 22/2/1996
It is notified for general information that the Cent Bank Home Finance Ltd., Flat No. 1, Plot No. 51, Arera Hills, Hoshangabad Road, Bhopal-462 011, have been approved by the Central Government as a Housing Finance Company for the purposes of section 36(1)(viii) of the Income-tax Act, 1961, for the assessment years 1995-96 to 1997-98.
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 Income-tax Act, 1961.
[Notification No. 9988/F. No. 204/37/94/ITA-II