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Please Help: Under section 35(2ab) Scientific research & Development

Posted Date : 07-Jun-2013 , 01:45:55 pm | Posted By: Nikhil

Category : Income Tax | Answers : 0| Comments : 0| Hits: 134

I want to know about the meaning of New Product development under section 35(2ab) used for scientific research & development. Whether it covers only those product that are new for the Market Or it also covers Products that are new for Related Concern only.

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