https://www.taxtmi.com/acts?id=10810 Deduction for business expenditure comprises operating expenditure incurred for the business during the financial year, permitted finance charges incurred for business purposes during the financial year, and capital allowances in respect of the business; capital allowances apply whether or not claimed, and the Assessing Officer may restrict deductions where an asset is not exclusively used for business purposes. en-us Thu, 20 Aug 2009 11:55:03 +0530 Thu, 20 Aug 2009 16:12:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10810 Deduction for business expenditure comprises operating expenditure incurred for the business during the financial year, permitted finance charges incurred for business purposes during the financial year, and capital allowances in respect of the business; capital allowances apply whether or not claimed, and the Assessing Officer may restrict deductions where an asset is not exclusively used for business purposes. Act-Rules Bills Thu, 20 Aug 2009 11:55:03 +0530 https://www.taxtmi.com/acts?id=10810