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Income Tax - Highlights / Catch Notes

Home Highlights July 2018 Year 2018 This

Disallowance of deduction u/s.35AD - There is no fault on the ...


Deduction Disallowed u/s 35AD: Delay in Certificate Not Assessee's Fault, No Statutory Time Limit Specified.

July 18, 2018

Case Laws     Income Tax     AT

Disallowance of deduction u/s.35AD - There is no fault on the part of the assessee to apply and/or obtain the said certificate so far delay is concerned nor there any time limit specified for obtaining such certificate in this Statute.

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