https://www.taxtmi.com/acts?id=46811 The amendment omits the phrase "a sum equal to one and one-fifth times" from the operative clause, changing the method of computing the deductible amount, and substitutes in the Explanation the phrase "expenditure with reference to which deduction under this section is to be allowed" with "expenditure which is to be allowed as deduction under this section", thereby clarifying the description of eligible expenditure. en-us Tue, 31 Dec 2024 17:04:14 +0530 Wed, 27 Aug 2025 16:07:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=46811 The amendment omits the phrase "a sum equal to one and one-fifth times" from the operative clause, changing the method of computing the deductible amount, and substitutes in the Explanation the phrase "expenditure with reference to which deduction under this section is to be allowed" with "expenditure which is to be allowed as deduction under this section", thereby clarifying the description of eligible expenditure. Act-Rules F. Acts / Amendment Acts Tue, 31 Dec 2024 17:04:14 +0530 https://www.taxtmi.com/acts?id=46811