Doubt on Taxation may 24 MTP - series 1 In mcq q1 (iii), how would kamal eligible for deduction under section 80JJAA while deduction u/s 35AD is allowed?

Question

Yaswanth · Answer

Refer pg no.3.239 in PGBP

Yaswanth · Answer

Where a deduction under this section is claimed and allowed in respect of the specified business for any assessment year, no deduction under the provisions of Chapter VI-A under the heading “C - Deductions in respect of certain incomes” or section 10AA is permissible in relation to such specified business for the same or any other assessment year.

Ritik · Answer

But I still don't get the answer of the 3rd MCQ deduction under 35AD HOW DID THE AMOUNT COME?

Ritik · Answer

Is there any specification that assessee who claims deduction under 35AD can not claim ded under 80JJAA?????

Doubt on Taxation may 24 MTP - series 1 In mcq q1 (iii), how would kamal eligible for deduction under section 80JJAA while deduction u/s 35AD is allowed?

4 answers

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