https://www.taxtmi.com/manuals?id=1105 Expenditure incurred by an Indian company wholly and exclusively for the purposes of amalgamation or demerger of an undertaking is allowed as a deduction by amortisation in equal instalments over five successive tax years, beginning with the tax year in which the amalgamation or demerger takes place. The deduction is confined to the company that incurs the expenditure and applies only to qualifying amalgamation or demerger expenses. No deduction is available for the same expenditure under any other provision of the Act. en-us Tue, 15 Sep 2015 10:52:00 +0530 Fri, 24 Apr 2026 14:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1105 Expenditure incurred by an Indian company wholly and exclusively for the purposes of amalgamation or demerger of an undertaking is allowed as a deduction by amortisation in equal instalments over five successive tax years, beginning with the tax year in which the amalgamation or demerger takes place. The deduction is confined to the company that incurs the expenditure and applies only to qualifying amalgamation or demerger expenses. No deduction is available for the same expenditure under any other provision of the Act. Manuals Income Tax Tue, 15 Sep 2015 10:52:00 +0530 https://www.taxtmi.com/manuals?id=1105