(redirected from 35 AD)
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ThesaurusAntonymsRelated WordsSynonymsLegend:
Adj.1.35 - being five more than thirty35 - being five more than thirty    
cardinal - being or denoting a numerical quantity but not order; "cardinal numbers"
References in periodicals archive ?
TEMA revealed, "In line with the measures suggested to stimulate the telecom equipment manufacturing sector economics, it is proposed to extend Income Tax Act Section 35 AD benefits to domestic telecom equipment manufacturing companies which are complying with the PMA provisions, to encourage electronics & telecom equipment manufacturing in the country.
The government initiatives section provides a detailed description about the Pre-Budget Memorandum 2012-13, including removal of 10% levy sugar quota, implementation of tax incentives, Cenvat Credit on Bagasse, tax deduction under section 35 AD and exemption from both service tax and value-added tax.
In the 2009- 10 budget, finance minister Pranab Mukherjee inserted a new section 35 AD in the Income Tax Act, 1961, which allowed 100 per cent tax deduction on capital expenditure incurred on setting up and operating gas or oil pipeline network in the first year.