Day: October 31, 2023

Section 33ABA of the Income Tax Act, 1961 provides for a deduction for the amount

Section 32AC of the Income Tax Act, 1961 (ITA) provides for an investment allowance to

UNABSORBED DEPRECIATION Unabsorbed depreciation is the portion of depreciation that an assesses is unable to

Section 32AD of the Income Tax Act, 1961 allows a deduction of 15% of the

The amount deposited under Section 33AB of the Income Tax Act, 1961 can be withdrawn

The amount of deduction available under section 33AB of the Income Tax Act, 1961 is