https://www.taxtmi.com/circulars?id=8671 Associations receiving subscriptions for export market and agricultural development must maintain proper accounts separately showing expenditure under sections 35B and 35C; have those accounts examined to ascertain and allocate expenditure on the specified activities; compute and circulate the proportionate expenditure to ITOs assessing individual members so members may claim the weighted deductions; account for any government subsidy or reimbursement before granting deductions; and a special circle under each CIT is to oversee associations, with an ITO specialising and issuing certified allocation orders. en-us Sat, 24 Jan 1970 00:00:00 +0530 Wed, 25 May 2011 14:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8671 Associations receiving subscriptions for export market and agricultural development must maintain proper accounts separately showing expenditure under sections 35B and 35C; have those accounts examined to ascertain and allocate expenditure on the specified activities; compute and circulate the proportionate expenditure to ITOs assessing individual members so members may claim the weighted deductions; account for any government subsidy or reimbursement before granting deductions; and a special circle under each CIT is to oversee associations, with an ITO specialising and issuing certified allocation orders. Circulars Income Tax Sat, 24 Jan 1970 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8671