19 November 2010
if an assessee opts for deduction u/s 35AD, he shall not be eligible for deduction u/s 80IA. Can he may change his option in subsequent years?
19 November 2010
If the assessee opted for claim u/.s 35AD, then in subsequent year, he will not be allowed to claim deduction u/s 80IA. This is very clear from the memorandum explaining finance bill 2010.
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