https://www.taxtmi.com/acts?id=3558 Capital expenditure on acquisition of patent rights or copyrights used in business is deductible by annual amortisation using an appropriate fraction (one over the number of relevant previous years), typically spread over fourteen years from the year of expenditure (or business commencement where applicable), with adjustments where rights are sold, end, or are transferred in amalgamation or demerger, including rules that limit deductions or treat excess sale proceeds as business income. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 27 Aug 2025 13:16:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=3558 Capital expenditure on acquisition of patent rights or copyrights used in business is deductible by annual amortisation using an appropriate fraction (one over the number of relevant previous years), typically spread over fourteen years from the year of expenditure (or business commencement where applicable), with adjustments where rights are sold, end, or are transferred in amalgamation or demerger, including rules that limit deductions or treat excess sale proceeds as business income. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=3558