Ease in claiming deduction on amortization of preliminary expenditure

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....rred prior to the commencement of business or after commencement, in connection with extension of undertaking or setting up of a new unit. This includes expenditure in connection with preparation of feasibility report, project report etc. 2. The section inter-alia provides that the work in connection with the preparation of feasibility report or the project report or the conducting of market surv....