05/02/2019

Contribution to credit guarantee trust fund[Sec. 36(1)(xiv)] ( Author - Admin )



Contribution to credit guarantee trust fund[Sec. 36(1)(xiv)] :-

From the assessment year 2008-09 public financial institution can claim deduction in respect of its contribution to a notified credit guarantee trust fund for small industries (i.e, Credit Guarantee Fund Trust for micro and small enterprises).

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