Amendment to Section 35B removes pre cutoff expenditure restriction and omits subsection, expanding deduction eligibility. The Finance Act, 1979 amends Section 35B by removing the temporal limitation in subsection (1)(b)(i) that restricted qualifying expenditure to amounts incurred before a prior cut off date, and by omitting subsection (1A), thereby broadening the scope of qualifying expenditure under subsection (1).
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Amendment to Section 35B removes pre cutoff expenditure restriction and omits subsection, expanding deduction eligibility.
The Finance Act, 1979 amends Section 35B by removing the temporal limitation in subsection (1)(b)(i) that restricted qualifying expenditure to amounts incurred before a prior cut off date, and by omitting subsection (1A), thereby broadening the scope of qualifying expenditure under subsection (1).
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