Monday, July 16, 2018

No denial of sec. 35AD deduction just because there was delay in awarding star certificate to hotel

IT: Once assessee, engaged in hotel business, was granted certification for categorization of its hotel as three star hotel, entire capital expenditure incurred by assessee in respect of its hotel was to be allowed for deduction under section 35AD

from www.taxmann.com Latest Case Laws https://ift.tt/2JqYH7W

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