Assesse setup cold storage 2-3 years ago and claimed deduction under sec 35AD,
In the current year, assessee expanded his business.
Whether asessee is eligible for claiming deduction under 35AD of further investment made in current year.
If yes, then as per which sec, notification, judgement.
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35AD Cold Storage- Further Investment eligible for deduction?
Replies (4)
Quick Summary
Only if that business is also specified business
Existing as well as expansion, both are cold storage business,
give reference to any law, judgement in support of your answer
give reference to any law, judgement in support of your answer
Yes then deduction can be claimed
anything in support of your answer
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