Approved Manraj Housing Finance Limited, Jalagaon u/s 36(1)(viii) - S. O. 1542 - Income Tax

Approved Manraj Housing Finance Limited, Jalagaon u/s 36(1)(viii) NOTIFICATION NO. S. O. 1542 DATED 25-5-1999 It is notified for general information that Manraj Housing Finance Limited, Jalagaon, has been approved by the Central Government for the section 36(1)( viii ) of the Income-tax Act, 1961, for the assessment years 1997-98, 1998-99 and 1999-2000. 2. The approval is subject to the condition that: ( i ) the company has been main object to carrying on the business of providing long-term finance for construction or purpose of houses for residential purposes; ( ii ) the company submits every year a copy of its audited profit and loss account and balance-sheet along with a statement of deduction claimed under this section before its due date for filing return of income under section 139(1) of the Income-tax Act, 1961; ( iii ) special reserve as required is created and maintained as per the Act; and ( iv ) all other conditions contained in section 36(1)( viii ) of the Income-tax Act, 1961, are fulfilled. [Notification No. 10936/F.No. 204/33/94-ITA-II]