http://eris.in/blog/archives/2010/02/27/new-hotels-investment-linked-deduction-100-%e2%80%93-section-35ad3/ All about Income Tax, Service Tax, ICAI, Auditing, IT Audit, IT Consultancy, VAT, Legal Updates, Packaged Solutions, Outsourcing, BPO, STPI, SEZ, India, Economy and Business Mon, 23 Aug 2010 12:19:38 +0000 hourly 1 http://wordpress.org/?v=3.0.1 http://eris.in/blog/archives/2010/02/27/new-hotels-investment-linked-deduction-100-%e2%80%93-section-35ad3/comment-page-1/#comment-18735 PRAVEER LODHA Fri, 26 Mar 2010 16:06:27 +0000 http://eris.in/blog/?p=1082#comment-18735 can a deduction u/s 35ad is allowable to an assessee building a new hotel as its expansion program? Is this section is a compulsory deduction or an assessee may opt as this capital expenditure as fixed assets and claim dedcution u/s 32(1)? can a deduction u/s 35ad is allowable to an assessee building a new hotel as its expansion program? Is this section is a compulsory deduction or an assessee may opt as this capital expenditure as fixed assets and claim dedcution u/s 32(1)?

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