section 35 D deductions

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vamshi krishna koutika

Articled assistant

38 Points Joined September 2012

what is meant by cold chain facility as a specified business u/s 35D and, does this section apply only for assessees being companies.?

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Guest

A cold chain is a temperature-controlled supply chain. An unbroken cold chain is an uninterrupted series of refrigerated production, storage and distribution activities, along with associated equipment and logistics, which maintain a desired low-temperature range. Source: https://en.wikipedia.org/wiki/Cold_chain

e.g. used for ice creams.

And, this section is for Indian companies and other non-company residents.