https://www.taxtmi.com/acts?id=49120 Clause sets limits and conditions for Chapter VIII deductions: aggregate deductions cannot exceed gross total income; members of associations cannot duplicate deductions allowed to the association; Part C deductions require timely return filing and claim. Transfers between an eligible business and other businesses carried on by the assessee must be valued at market value where recorded consideration differs, with market value defined by open market price or arms length price for specified domestic transactions. en-us Fri, 14 Feb 2025 16:57:43 +0530 Fri, 14 Feb 2025 17:06:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=49120 Clause sets limits and conditions for Chapter VIII deductions: aggregate deductions cannot exceed gross total income; members of associations cannot duplicate deductions allowed to the association; Part C deductions require timely return filing and claim. Transfers between an eligible business and other businesses carried on by the assessee must be valued at market value where recorded consideration differs, with market value defined by open market price or arms length price for specified domestic transactions. Act-Rules Bills Fri, 14 Feb 2025 16:57:43 +0530 https://www.taxtmi.com/acts?id=49120