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sec 32ad
i didn't understand
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Please tell which act...?
income tax act 1961
Sec 32(AD) is abt Investment Allowance
It is available to manufacturing unit started in Notified Backward Area(NBA) Of Telengana, Bihar, Andhra Pradesh, west Bengal during 1/4/15 to 31/3/2020
New plant should be purchased
investment allowance=15% ( one time benefit)
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