Sec. 35AD deduction allowable though certificate of 4 star hotel was issued after assessment proceedings: ITAT

INCOME TAX : Where revenue rejected assessee hotelier's claim for deduction under section 35AD on ground that certificate approving four-star hotel category, in respect of hotel, qua which deduction was claimed was issued post-passing of assessment order, however, in view of fact that classification issued in favour of assessee had not been doubted and section 35AD, per se does not require any specific date of operation, deduction thereunder could not have been disallowed

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