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
specified
business referred to in clause (c) of sub-section (8) of section 35AD for any assessment year, no
deduction shall be allowed under ... provisions of section 35AD in relation to such specified
business for the same or any other assessment year
specified business referred to in clause (c) of sub-section (8) of section 35AD for
any assessment year, no deduction shall be allowed under ... provisions of section 35AD
in relation to such specified business for the same or any other assessment year.]."
8 0 A B - [ Deduct
allowance, section 32AB is relating to investment deposit
account. Section 33 deals with development rebate, while
Section 33A deals with development allowance. Similarly,
Section 33AB ... Section
33ABA relating to site restoration fund. Similarly, Section
33AC deals with reserves for shipping business. Section 33B
relates to rehabilitation allowance and 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
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
been
substituted.
(9) The provisions of sub-section (8) and sub-section (10) of section 80-IA shall, so
far as may be, apply ... specified business, referred to in clause (c) of sub-section (8)
of section 35AD, for any assessment year, no deduction shall be allowed under
2019
Nelco Ltd; A.Y. 2011-12;
Explanation below sub-section (2) of section 288 ,
indicating the computation of the net worth of the
undertaking ... 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
provisions of section 10AA or clause
(iia) of sub-section (1) of section 32 or section 32AD or section 33AB or
section 33ABA ... 9336/Mum/2025
section (1) or sub-section (2AA) or subsection (2AB) of section 35 or section
35AD or section 35CCC or section 35CCD
accountant as defined
in the Explanation below sub-section (2) of section
288 , indicating the computation of the net worth of
the undertaking or division ... allowable as a deduction under section 35AD ,
nil; and
(c) in the case of other assets, the book value of such
assets.]]]"
15. During
