https://www.taxtmi.com/acts?id=46530 The amendment restricts the availability of the deduction under Section 35B by imposing a temporal cutoff and inserting sub section (1A) which disallows the deduction for expenditure after the cutoff unless the assessee is engaged in export of goods as a small scale exporter or holds an Export House Certificate, or is engaged in provision of technical know how or related services to persons outside India, and the expenditure is incurred wholly and exclusively for those specified businesses; explanatory definitions and cross references are provided. en-us Sat, 21 Dec 2024 13:54:21 +0530 Sat, 21 Dec 2024 13:54:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=46530 The amendment restricts the availability of the deduction under Section 35B by imposing a temporal cutoff and inserting sub section (1A) which disallows the deduction for expenditure after the cutoff unless the assessee is engaged in export of goods as a small scale exporter or holds an Export House Certificate, or is engaged in provision of technical know how or related services to persons outside India, and the expenditure is incurred wholly and exclusively for those specified businesses; explanatory definitions and cross references are provided. Act-Rules F. Acts / Amendment Acts Sat, 21 Dec 2024 13:54:21 +0530 https://www.taxtmi.com/acts?id=46530