Section 32AC in The Income Tax Act, 1961
32AC. Investment in new plant or machinery.
(1) Where an assessee, being a company, engaged
other provisions of this Chapter, other than those mentioned under section 115BAA and section 115BAB] [Substituted 'subject to the other provisions of this Chapter ... deduction under the provisions of section 10AA or clause (iia) of sub-section (1) of section 32 or section 32AC or section 32AD or section
The Income Tax Act, 1961
UNION OF INDIA
India
The Income Tax Act, 1961
Act