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rohit kumar   16 October 2019

rohit kumar

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Not understanding


CA Dhruva Kalamanji (Chartered Accountant )     16 October 2019

CA Dhruva Kalamanji
Chartered Accountant  
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Read it with example easy to understand


Suresh Thiyagarajan (Student)     16 October 2019

Suresh Thiyagarajan
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1. Unlike other sections that provide deductions on profit or income earned, this section provides deductions on investment. That’s why it is called as investment-linked deductions. 
2. Capital expenditure or expenditure incurred prior to commencement of business will be allowed as deductions u/s 35AD provided the assessee is engaged in specified business u/s 35AD(8)(c) of the act. 
3. Other conditions are also there, which has a lot of inherent meaning and definitions. But this is an overview of sec 35AD. 
Please correct me if the above explanation has any mistakes. 

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