ICICI

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Deduction 35AD

Rajat Singhal (95 Points)

21 September 2021  
Can a LLP, which engaged in a new business of New Infrastructure developement Facility are able to claim benefit of Deduction u/s 35AD? Please explain the relevant conditions related to above deduction for claiming it?

 3 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (107506 Points)
Replied 21 September 2021

No. Even though it is registered under MCA, but both are regulated by different acts.

Rajat Singhal (95 Points)
Replied 21 September 2021

But in the provision mentioned registered and constituted by any central and state act. Then LLP is not considered it these words.

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (107506 Points)
Replied 22 September 2021

Read the para completely........... It is ....." .......or by an authority or a board or a corporation established or constituted under any Central or State Act; ......"


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  


Related Threads


Loading



Subscribe to the latest topics :
Search Forum:

Trending Tags