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14 August 2009 Whether payment for expenses made in F.Y. 2008-09 for expenses incurred in F.Y. 2007-08 is allowed as an expenditure in F.Y. 2008-09.No provision is made for the expenses incurred in 2007-08.Also please specify the applicable section under I.T.Act,1961

14 August 2009 it is not allowable.





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