Deduction under section 33B prohibited for assessment years commencing on or after 1 April 1985. A proviso is inserted to the income tax provision on capital expenditure deductions, expressly prohibiting any deduction under that provision for the assessment year commencing 1 April 1985 and for every subsequent assessment year.
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Provisions expressly mentioned in the judgment/order text.
Deduction under section 33B prohibited for assessment years commencing on or after 1 April 1985.
A proviso is inserted to the income tax provision on capital expenditure deductions, expressly prohibiting any deduction under that provision for the assessment year commencing 1 April 1985 and for every subsequent assessment year.
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