https://www.taxtmi.com/acts?id=11998 Deferred revenue expenditure allowance permits an annual deduction equal to one over the number of specified years of qualifying deferred revenue expenditures, aggregated across categories. The Schedule enumerates categories-such as non compete fees, lease premiums, voluntary retirement payments, business reorganisation costs, prescribed mineral prospecting and development expenses, forfeiture losses, and preliminary start up expenditures-and prescribes the first year when allowability arises (payment year, reorganisation year, loss year, or commencement/extension/setting up year) and any prescribed conditions concerning capital employed and project cost. en-us Fri, 17 Sep 2010 12:52:48 +0530 Fri, 17 Sep 2010 14:23:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=11998 Deferred revenue expenditure allowance permits an annual deduction equal to one over the number of specified years of qualifying deferred revenue expenditures, aggregated across categories. The Schedule enumerates categories-such as non compete fees, lease premiums, voluntary retirement payments, business reorganisation costs, prescribed mineral prospecting and development expenses, forfeiture losses, and preliminary start up expenditures-and prescribes the first year when allowability arises (payment year, reorganisation year, loss year, or commencement/extension/setting up year) and any prescribed conditions concerning capital employed and project cost. Act-Rules Bills Fri, 17 Sep 2010 12:52:48 +0530 https://www.taxtmi.com/acts?id=11998