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<h1>Income-tax Act Section 35AD Amended: New Deductions for Affordable Housing and Fertilizer Production Investments Effective April 1, 2012.</h1> Section 35AD of the Income-tax Act is amended to include new clauses effective from April 1, 2012. Clause (ad) allows deductions for businesses developing affordable housing projects under government schemes. Clause (ae) includes deductions for investments in new or expanded fertilizer production facilities. Additionally, references to 'new hotel' and 'new hospital' in sub-section (8) are changed to 'hotel' and 'hospital,' respectively. New sub-clauses are added to include affordable housing projects and fertilizer production as specified businesses eligible for tax benefits. These changes aim to promote investment in affordable housing and fertilizer production.