Provisions on Deduction for Expenditure on Prospecting for Certain Minerals (Section 35E)

Provisions on Deduction for Expenditure on Prospecting for Certain Minerals (Section 35E)

1. Applicability: The assessee should be an Indian Company or Non-corporate resident assessee. Eligible Expenditure: Expenditure incurred wholly for- Operation relating to prospecting of such mineral or group of minerals specified in schedule VII or On the developments of mine or other natural deposits of such mineral or group of minerals. As reduced by- Expenditure […]

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 PROVISIONS ON DEDUCTION FOR EXPENDITURE ON PROSPECTING FOR CERTAIN MINERALS (SECTION 35E)

PROVISIONS ON DEDUCTION FOR EXPENDITURE ON PROSPECTING FOR CERTAIN MINERALS (SECTION 35E)

Applicability: The assessee should be an Indian Company or Non-corporate resident assessee. Eligible Expenditure: Expenditure incurred wholly for- Operation relating to prospecting of such mineral or group of minerals specified in schedule VII or On the developments of mine or other natural deposits of such mineral or group of minerals. As reduced by- Expenditure met […]

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