deduction claimed, if any, under section 35AD as reduced by the amount of depreciation allowable in accordance with the provisions of section ... deduction under section 35AD was allowed in respect of the assets on which the deduction under that section is claimed.] [Inserted
expenditure has been allowed or is allowable as a deduction under section 35AD, nil; and (c) in the case of other assets, the book value
Section 9 in Finance Act, 2012
9. Amendment of section 35AD.
- In section 35AD of the Income-tax Act, - (a) after sub-section
Section 35AD in The Income Tax Act, 1961
35AD. Deduction in respect of expenditure on specified business.
[ Inserted by Act 33 of 2009, Section
following clauses shall be substituted, namely:- "(b) section 10AA; or (c) section 35AD."; (B) after sub-section (2), the following sub-section shall be inserted
section (2AA) or sub-section (2AB) of section 35 or section 35AD or section 35CCC or section 35CCD or under any provisions of Chapter
section (2AB) of section 35 or section 35AC or section 35AD or section 35CCC or section 35CCD or under any provisions of Chapter VIA under
Section 13 in The Finance Act, 2017
13. Amendment of section 35AD.
- In section 35AD of the Income-tax Act, in sub-section
section (2AA) or sub-section (2AB) of section 35 or section 35AD or section 35CCC or section 35CCD or under any provisions of Chapter
Section 12 in Finance (No. 2) Act, 2014
12. Amendment of section 35AD.
- In section 35AD of the Income-tax Act, with effect from
