Export market development allowance: recognised associations must keep segregated accounts and allocate expenses for weighted deduction.

Instruction requires recognised associations receiving subscriptions to maintain proper accounts showing separately expenditures under sections 35B and 35C, have those accounts examined to compute proportions of expenditure on the specified activities, circulate the allocation to assessing ITOs so members may claim weighted deductions, and adjust for any government subsidy or reimbursement before granting deductions; a special circle under each CIT is to be created with a specialist ITO to determine and certify allocable amounts and percentages.

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