TMI BlogIncome Tax Act: Sections 80IB & 80IC Exclude Financial Controller and CMO Expenses from Deduction Calculations.Deduction u/s 80IB / 80IC - Allocation of common expenditure - salary, wages and staff welfare expenses relating to financial controller, chief medical officer cannot be allocated. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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