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No denial of sec. 35 deduction if approval to scientific research society was cancelled with retro-effect
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Corporate Tax
No denial of sec. 35 deduction if approval to scientific research society was cancelled with retro-effect
Posted on
on
September 6, 2018
Tenet Tax Daily September 01 2018
By
tenettax-team
Corporate Tax
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No sec. 10(23C) exemption to a profitable venture which was making huge profits year after year
Sum paid as ‘affiliation fee’ not connected with transfer of technology couldn’t be treated as royalty