Development allowance of export market & agricultural.

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..... ort market development allowance agricultural development allowance incurred indirectly through joint export promotion arrangements or through an approved association or body in computing the profits and gains from this business. 2. While the association or body receiving the subscriptions should be recognised by the prescribed authority, such recognition would be accorded only if the associat .....

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..... Association must be taken into account before the amount deductible in the case of members of Association can be granted. 3. It would appear necessary, therefore, to create a special circle in each C.I.T.'s charge which will have jurisdiction over all the association in that charge. The ITO would be in a position to specialise in the determination of such amounts of the expenditure as also the .....

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