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    <title>Income Tax Act Section 35AB: Deduct One-Sixth of Lump Sum for Know-How Acquisition Expenditure.</title>
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    <description>Expenditure incurred for the purpose of acquiring know-how was required to be treated only in accordance with Section 35AB and the deduction that was allowable was one-sixth of the amount paid as lump sum consideration for acquiring the know-how .... - HC</description>
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