Deductions of service charges of State Trading Corporation of India u/s 35-B of Income Tax Act, 1961.

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..../82-ITA.II), dated 19th October, 1982, wherein it was clarified that the payments made to the State Trading Corporation of India in respect of service charges would qualify for deductions u/s 35-B of the Income-tax Act, 1961. 2. However, the Finance (No. 2) Act, 1980 with effect from 1st April, 1981 has deleted sub-clauses (ii), (iii), (v), (vi) & (viii) of clause (b) of sub-clause (1) of secti....