https://www.taxtmi.com/acts?id=49503 Section 35DD allows an Indian company to amortise expenditure incurred wholly and exclusively for amalgamation or demerger by deducting a fixed proportion of that expenditure in successive previous years beginning with the year in which the amalgamation or demerger takes place, and bars deduction of the same expenditure under any other provision of the Income-tax Act. en-us Sat, 22 Feb 2025 10:53:30 +0530 Sat, 22 Feb 2025 10:53:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=49503 Section 35DD allows an Indian company to amortise expenditure incurred wholly and exclusively for amalgamation or demerger by deducting a fixed proportion of that expenditure in successive previous years beginning with the year in which the amalgamation or demerger takes place, and bars deduction of the same expenditure under any other provision of the Income-tax Act. Act-Rules F. Acts / Amendment Acts Sat, 22 Feb 2025 10:53:30 +0530 https://www.taxtmi.com/acts?id=49503