An audit report under income tax is a document prepared by a chartered accountant (CA)
AMORTISATION OF EXPENDITURE UNDER VOLUNTARY RETIREMENT SCHEME (SEC 35DDA)
Section 35DDA of the Income Tax Act, 1961 allows a deduction for the amortization of
Consequences of claiming deduction under section 35AD
No other deduction allowed: If you claim deduction under Section 35AD of Income Tax Act, you
AMOUNT OF DEDUCTION
Setting up of cold chain facilities Development of infrastructure facilities in notified industrial parks Construction
deduction in respect of expenditure on specified business
Section 35AD of the Income Tax Act, 1961, allows a deduction of 100% of the
Expenditure on eligible projects or scheme of section 35AC
Section 35AC of the Income Tax Act, 1961 allows a deduction of the amount of