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Income Tax - Highlights / Catch Notes

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Disallowance of R & D Expenditure - Claim of deduction on the ...

Income Tax

October 11, 2018

Disallowance of R & D Expenditure - Claim of deduction on the expenditure on Research and Development u/s.35(1) - Since no approval of prescribed authority is available, the assessee’s claim for deduction is not allowable

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