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.
Menu
35AD Cold Storage- Further Investment eligible for deduction?
Replies (4)
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
Recent Threads
- Error in GSTR1 filing for October 25
- Inverted Rate structure .
- Exemption to be climed
- GST TDS u/s 51 Applicability on RBI and it's subs
- Time allowed to buy another asset
- ITR not processed for the FY 2024-25
- Gift of money to my wife.
- Tax Audit If you show Loss
- GST Tax invoice Value Rs..234000
- Can I claim benefit under 54F if I sell my equity
Related Threads
CAclubindia
