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<h1>Tax Deduction for Amalgamation and Demerger Expenses: One-Fifth Spread Over Five Years Under Section 35DD</h1> An Indian company incurring expenditure for amalgamation or demerger after April 1, 1999, can claim a tax deduction of one-fifth of such expenditure over five consecutive previous years starting from the year of amalgamation or demerger. No additional deduction is permitted under any other provision of the Income Tax Act for the same expenditure.