2 Replies
MOHAMMED IMRAN
(1020 Points)
Replied 29 November 2018
weighted deduction 150%of the amount so paid upto AY 2020-21 thereafter @ 100% of the amount so paid to a National Laboratory or university or IIT for scientific research approved by prescribed authority is available. No other deduction available under the act
KEVAL .R. MAGIYA
(CA)
(28 Points)
Replied 24 August 2019
Hey in section 35AD
For eg :-
if I have commence new specified business in FY 17-18 and took benefit of 100% on allowable capital asset now in FY 18-19 if I purchase another capital asset for specified business then will I get benefit 100% deduction for that assets purchase in F.Y. 2018-2019
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