section 39, for 'under section 10AA' (w.e.f. 1-4-2015).] (iii) [ deduction claimed, if any, under section 35AD as reduced by the amount ... depreciation allowable in accordance with the provisions of section 32 as if no deduction under section 35AD was allowed in respect of the assets
accordance with the provisions of this section. Explanation 1.—For the purposes of this section, "net worth" shall be the aggregate value of total assets ... 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
Section 40 in Finance (No. 2) Act, 2014
40. Amendment of section 115.
- In section 115JEEJEE of the Income-tax Act, with effect from ... section (1), for clause (b), the following clauses shall be substituted, namely:- "(b) section 10AA; or (c) section 35AD."; (B) after sub-section
provisions of section 10AA or clause (iia) of sub-section (1) of section 32 or section 32AD or section 33AB or section 33ABA ... clause (iii) of sub-section (1) or sub-section (2AA) or sub-section (2AB) of section 35 or section 35AD or section 35CCC or section
section 10AA or clause (iia) of sub-section (1) of section 32 or section 32AC or section 32AD or section 33AB or section 33ABA ... section (1) or sub-section (2AA) or sub-section (2AB) of section 35 or section 35AC or section 35AD or section 35CCC or section 35CCD
Section 13 in The Finance Act, 2017
13. Amendment of section 35AD.
- In section 35AD of the Income-tax Act, in sub-section
provisions of section 10AA or clause (iia) of sub-section (1) of section 32 or section 32AD or section 33AB or section 33ABA ... clause (iii) of sub-section (1) or sub-section (2AA) or sub-section (2AB) of section 35 or section 35AD or section 35CCC or section
Section 12 in Finance (No. 2) Act, 2014
12. Amendment of section 35AD.
- In section 35AD of the Income-tax Act, with effect from
