Allowability of expenditure incurred by sugar factories in case of development programmes--Effect of withdrawal of agricultural development allowance under section 35C of the Income-tax Act, 1961, by the Finance Act, 1984

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....ural development allowance under section 35C of the Income-tax Act, 1961, by the Finance Act, 1984 Circular No. 578 Dated 12/9/1990 Under the provisions of section 35C of the Income-tax Act, 1961, a company or a co-operative society, which uses any product of agriculture, animal husbandry or dairy or poultry farming as raw material or processes such products, was eligible for a deduction of the....