ITAT Rules: Section 35AB Cannot Limit Deductions for Technical Know-How Payments; Deductions Available Pre-35AB Introduction.

Payment of technical know how - ITAT deleting the disallowance u/s 35AB - Deduction on such expenditure was available even before the introduction of section 35AB of the Act and such deduction cannot be curtailed or limited by applying section 35AB - HC .....

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