Which of the following business commenced during August, 2014 will not be eligible for deduction under section 35AD

CS Executive · Tax Laws and Practice · PYQS · June 2015
Which of the following business commenced during August, 2014 will not be eligible for deduction under section 35AD
(A) Setting-up and operating a cold chain facility
(B) A production unit of fertilizer in India
(C) Operating of a 1 star hotel in a village
(D) Building a hospital of 200 beds.

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Income Tax

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