Section 36(1)(xiv)- Contribution to Credit Guarantee Trust Fund - Income Tax - Ready Reckoner - Income Tax

Section 36(1)(xiv) : Contribution to Credit Guarantee Trust Fund From the A.Y. 2008-09, a public financial institution can claim deduction in respect of its contribution to a notified Credit Guarantee Trust Fund for small industries (Credit Guarantee Fund Trust for Micro and Small Enterprises). Public financial institution shall have the meaning assigned to it in section 40A of the Companies Act, 1956 .