TMI BlogHigh Court Confirms Legislature's Authority to Withdraw Section 35AC Deductions from Income Tax Act Effective April 2017.Expenditure on eligible projects or schemes u/s 35AC - After 01.04.2017 the legislature desired to withdraw such deduction. - The Union legislature was competent to introduce such amendment - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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