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Income from PGBP

Direct Taxation

Do we need to learn Sec 32AD ie. Investment allowance in notified backward area???


Riya Goel

Riya Goel

CA Inter

4K+

05-Jun-21 16:53

305

Answers (2)

Yes. Deduction is allowable only for the investment in assets acquired and installed on or before 31st March 2020.


Yoga Vishnu

Yoga Vishnu

CA Final

11K+

05-Jun-21 17:25

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