if assessee company commenced newly constrcuted hotel operation on 10-03-2016.
my question is whether deduction under section 35AD in same financial year i.e. 2015-16 (AY 2016-17) or can be claimed in next financial year i.e. 2016-17 (AY 2017-18).
if assessee company commenced newly constrcuted hotel operation on 10-03-2016.
my question is whether deduction under section 35AD in same financial year i.e. 2015-16 (AY 2016-17) or can be claimed in next financial year i.e. 2016-17 (AY 2017-18).
Please confirm the dates. You have specified as 10/03/2016. The deduction available from the year of commencement
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