Deduction for business expenditure

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..... 32. (1) The amount of business expenditure referred to in section 30 shall be the aggregate of the amount of,- (a) the operating expenditure referred to in section 33, incurred by the person .....

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..... deduction of capital allowances referred to in sub-section (1) shall apply, whether or not the person has claimed the deduction in computing the total income. (3) The Assessing Officer may restric .....

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