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    <title>Deduction in computation of taxable profits u/s 35CC of I.T.Act 1961.</title>
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    <description>Deduction in computation of taxable profits is permitted for companies and co operative societies for expenditure incurred on approved rural development programmes, allowing them to reduce taxable profits by the amount of qualifying expenditure incurred under government approved schemes as a targeted tax incentive to promote involvement in rural development activities.</description>
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      <description>Deduction in computation of taxable profits is permitted for companies and co operative societies for expenditure incurred on approved rural development programmes, allowing them to reduce taxable profits by the amount of qualifying expenditure incurred under government approved schemes as a targeted tax incentive to promote involvement in rural development activities.</description>
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