https://www.taxtmi.com/circulars?id=4564 Amortisation under Section 35D allows qualifying preliminary expenses-including feasibility and project reports, market or other surveys, and engineering services-to be written off in ten equal instalments when work is done in house, by the assessee, or by an outside consultancy concern approved by the Central Board of Direct Taxes. The Board's approval guidelines require competence and experience in consultancy services, ordinarily Indian residence, at least one year of prior activity with fees from a client, and an income tax clearance certificate; applications must supply specified particulars and supporting information. en-us Tue, 27 May 1975 00:00:00 +0530 Wed, 30 Jul 2008 16:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4564 Amortisation under Section 35D allows qualifying preliminary expenses-including feasibility and project reports, market or other surveys, and engineering services-to be written off in ten equal instalments when work is done in house, by the assessee, or by an outside consultancy concern approved by the Central Board of Direct Taxes. The Board's approval guidelines require competence and experience in consultancy services, ordinarily Indian residence, at least one year of prior activity with fees from a client, and an income tax clearance certificate; applications must supply specified particulars and supporting information. Circulars Income Tax Tue, 27 May 1975 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4564