https://www.taxtmi.com/acts?id=49050 Allows amortisation in equal instalments for four expenditure types: amalgamation/demerger costs and voluntary retirement payments (five-year spread from the year of occurrence/payment), and capital expenditure for spectrum and licence fees (spread from the later of business commencement or payment through the year the right remains in force). Transfer rules adjust allowable deductions or charge excess transfer proceeds as business income; transfers on amalgamation/demerger preserve application to the resulting Indian company. Depreciation is excluded where this section applies; non-compliance for spectrum deductions authorises recomputation and specified rectification procedures. en-us Fri, 14 Feb 2025 16:29:33 +0530 Thu, 20 Feb 2025 11:50:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=49050 Allows amortisation in equal instalments for four expenditure types: amalgamation/demerger costs and voluntary retirement payments (five-year spread from the year of occurrence/payment), and capital expenditure for spectrum and licence fees (spread from the later of business commencement or payment through the year the right remains in force). Transfer rules adjust allowable deductions or charge excess transfer proceeds as business income; transfers on amalgamation/demerger preserve application to the resulting Indian company. Depreciation is excluded where this section applies; non-compliance for spectrum deductions authorises recomputation and specified rectification procedures. Act-Rules Bills Fri, 14 Feb 2025 16:29:33 +0530 https://www.taxtmi.com/acts?id=49050