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Income Tax - Highlights / Catch Notes

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Weighted deduction u/s 35(2AB) - approval for the project on ...

Case Laws     Income Tax

May 2, 2019

Weighted deduction u/s 35(2AB) - approval for the project on which expenditure was incurred on Scientific Research was approved for the period prior and even subsequent are available but for relevant AY i.e. AY 2003-2004 was not available - assessee cannot be punished for the bureaucratic delay - deduction allowed

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