said
amount of capital expenditure was claimed as a deduction under Section
35AD of the Act. Thereafter, the case of the Petitioner was selected ... particular sought an explanation
as regards the claim of deduction under Section 35AD . In response, the
Petitioner filed various submissions before the Assessing Officer
Section 35AC deals with
expenditure on eligible projects or schemes and section 35AD
deals with deduction in respect of expenditure on specified
business. We have
Section 35AC deals with
expenditure on eligible projects or schemes and section 35AD
deals with deduction in respect of expenditure on specified
business. We have
Section 35AC deals with
expenditure on eligible projects or schemes and section 35AD
deals with deduction in respect of expenditure on specified
business. We have
Section 35AC deals with
expenditure on eligible projects or schemes and section 35AD
deals with deduction in respect of expenditure on specified
business. We have
Section 35AC deals with
expenditure on eligible projects or schemes and section 35AD
deals with deduction in respect of expenditure on specified
business. We have
The Chamber Of Tax Consultants Through ... vs Director General Of Income Tax ... on 24 January
seen that the assessee had claimed deduction u/s
35AD amounting to Rs.189,76,44,660/- relating to the
expenditure capitalized in respect