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of <h1>Section 35B repeal ends multiple deductions for export-promotion expenses, clarifies eligible activities, limits and transitional rules</h1> Section 35B formerly provided a special tax deduction for expenditure incurred to develop export markets, allowing an assessee (domestic companies or residents) a multiple-times deduction for qualifying promotional, advertising, travel and branch-maintenance expenses incurred for promoting sales outside India, subject to conditions, time limits and exclusions (e.g., capital or manufacturing costs) and a rule preventing double claims under other provisions. The provision was subsequently omitted; historical notes record phased amendments, specified qualifying activities and transitional limits on eligible expenditure.
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