https://www.taxtmi.com/acts?id=46628 Amendment of section 35B omits certain sub clauses of clause (b) and substitutes Explanation 2 to declare that clause (b) does not include expenditures in the nature of purchasing and manufacturing expenses ordinarily debitable to the trading or manufacturing account rather than to the profit and loss account, effective from 1 April 1981. en-us Thu, 26 Dec 2024 12:49:03 +0530 Thu, 26 Dec 2024 12:49:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=46628 Amendment of section 35B omits certain sub clauses of clause (b) and substitutes Explanation 2 to declare that clause (b) does not include expenditures in the nature of purchasing and manufacturing expenses ordinarily debitable to the trading or manufacturing account rather than to the profit and loss account, effective from 1 April 1981. Act-Rules F. Acts / Amendment Acts Thu, 26 Dec 2024 12:49:03 +0530 https://www.taxtmi.com/acts?id=46628