can you explain what is national
urban poverty eradication fund and how amount of deduction eligible
2 Replies
RAJAT SHARMA
(AUDIT ASSISTANT)
(179 Points)
Replied 12 June 2020
Any person incurrs any expenditure by way of payment of any sum to the National Urban Poverty Eradication fund set up and notified by the central govt. shall be eligible for deduction of such expentiure u/s 35CCA i.e. 100% deduction allowed of exp. incurred.
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