Applicability of ICDS for the purpose of disallowance u/s 40(a)(i) and 40(a)(ia)

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..... important to note that the provisions of ICDS apply only to the computation of income under the heads of income "Profit & gains from business or profession" and "Income from Other Sources". Therefore, for various purposes other than computation of income under these two heads of income, under the Act as well, the provisions of ICDS would not apply. - for the purposes of sections 40(a)(i) and 40 .....

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