Section 35AD

This query is : Resolved 

18 July 2011 WHETHER ASSESSEES HAVE A CHOICE BETWEEN SECTION 35AD AND VARIOUS OTHER SECTIONS OF THE ACT EG. SECTION-32.

ALSO WHETHER SECTION 35AD IS AN OPTIONAL SECTION OR MANDATORY SECTION.

18 July 2011 no choice its a mandatory section

18 July 2011 there is one judicial precedent of SC which have laid down that the word allowed shall be considered as optional and the beneficial sections cannot be thrust upon the assessee to claim the deduction


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