  A new class of exact solutions of Einstein's field equations representing
anisotropic distribution of matter on pseudo-spheroidal spacetime is obtained.
The parameters appearing in the model are restricted through physical
requirements of the model. It is found that the models given in the present
work is compatible with observational data of a wide variety of compact objects
like 4U 1820-30, PSR J1903+327, 4U 1608-52, Vela X-1, PSR J1614-2230, SMC X-4,
Cen X-3. A particular model of pulsar PSR J1614-2230 is studied in detail and
found that it satisfies all physical requirements needed for physically
acceptable model.
