Enhanced deduction under section 35CCC now limited to basic deduction, altering the previous enhanced multiplier for later years. For assessment years beginning on or after the stated effective year, subsection (1) of section 35CCC shall have effect as if the words 'a sum equal to' had been substituted for the words 'a sum equal to one and one-half times of', thereby replacing the prior enhanced multiplier formulation with a basic sum-equals formulation for computing the allowable deduction.
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Provisions expressly mentioned in the judgment/order text.
Enhanced deduction under section 35CCC now limited to basic deduction, altering the previous enhanced multiplier for later years.
For assessment years beginning on or after the stated effective year, subsection (1) of section 35CCC shall have effect as if the words "a sum equal to" had been substituted for the words "a sum equal to one and one-half times of", thereby replacing the prior enhanced multiplier formulation with a basic sum-equals formulation for computing the allowable deduction.
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