Forums
Direct Taxation
Do we need to learn Sec 32AD ie. Investment allowance in notified backward area???
Riya Goel
CA Inter
★ 4K+
05-Jun-21 16:53
364
Answers (2)
Yes. Deduction is allowable only for the investment in assets acquired and installed on or before 31st March 2020.
Yoga Vishnu
CA Final
★ 11K+
05-Jun-21 17:25
Ok sir
Thread Starter
05-Jun-21 20:10