https://www.taxtmi.com/acts?id=16453 A company incurring expenditure (excluding land or building costs) on a Board-notified skill development project complying with prescribed guidelines may claim a special deduction for that expenditure; previously this deduction was enhanced to one and one-half times the expenditure, but was later amended to a deduction equal to the actual expenditure. If claimed and allowed under this section for an assessment year, the same expenditure cannot be deducted under any other provision for the same or another assessment year. en-us Tue, 29 May 2012 18:12:30 +0530 Wed, 27 Aug 2025 16:31:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=16453 A company incurring expenditure (excluding land or building costs) on a Board-notified skill development project complying with prescribed guidelines may claim a special deduction for that expenditure; previously this deduction was enhanced to one and one-half times the expenditure, but was later amended to a deduction equal to the actual expenditure. If claimed and allowed under this section for an assessment year, the same expenditure cannot be deducted under any other provision for the same or another assessment year. Act-Rules Income Tax Tue, 29 May 2012 18:12:30 +0530 https://www.taxtmi.com/acts?id=16453