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Income Tax - Highlights / Catch Notes

Home Highlights August 2019 Year 2019 This

Weighted deduction @ 200% u/s 35(2AB) - once a certificate of ...

Case Laws     Income Tax

August 19, 2019

Weighted deduction @ 200% u/s 35(2AB) - once a certificate of approved issued by the competent authority that would be sufficient to hold that the assessee fulfills the conditions laid down in the aforesaid provisions - hence revenue expenditure incurred on in-house research and development facility is duly allowable

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