A person who is entitled to deduction u/s 35AD is:
A. Compulsorily required to avail the deduction
B. May opt to avail deduction during the previous year in which such expenditure is incurred.
C. May opt to avail deduction.in any previous year subsequent to incur-ring of such expenditure.
D. None of the above.
Answer:B
A person who is entitled to deduction u/s 35AD is:
A. Compulsorily required to avail the deduction B. May opt to avail deduction during the previous year in which such expenditure is incurred. C. May opt to avail deduction.in any previous year subsequent to incur-ring of such expenditure. D. None of the above.