Year: 2023

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

Section 35(2AA) of the Income Tax Act, 1961, provides for a deduction on expenditure incurred

Section 35(2AA) of the Income Tax Act, 1961, allows a deduction of 150% of the

Section 35(2) of the Income Tax Act, 1961 (ITA) allows a deduction for capital expenditure

Section 35(1) (ilia) of the Income Tax Act1961 (ITA) allows a deduction for any sum

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The amount deposited under Section 33AB of the Income Tax Act, 1961 can be withdrawn