10998 : Notification: 10998 Date of Issue: 8/7/1999

Notification: 10998 Date of Issue: 8/7/1999

Notification: 10998

Section(s) Referred: s. 36(1)(viii)

Statute: INCOME TAX

Date of Issue: 8/7/1999

It is notified for general information that M/s Power Finance Corporation Ltd., New Delhi, 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.

[F.No. 204/22/97/ITA.II]