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Q. > Please Help: Under section 35(2ab) Scientific research & Development
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123 views • Question added Jun 07, 2013 • Income Tax • By Nikhil , CA , Rohtak


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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