https://www.taxtmi.com/acts?id=49781 Insertion prescribes amortisation for expenditure on voluntary retirement payments: a specified proportion is deducted in the year of payment and the balance is deducted in equal instalments over the immediately succeeding previous years. The provision bars claiming deduction for such expenditure under any other provision of the Act, establishing an exclusive timing regime for tax recognition of voluntary retirement payments. en-us Tue, 25 Feb 2025 11:45:14 +0530 Tue, 25 Feb 2025 11:45:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=49781 Insertion prescribes amortisation for expenditure on voluntary retirement payments: a specified proportion is deducted in the year of payment and the balance is deducted in equal instalments over the immediately succeeding previous years. The provision bars claiming deduction for such expenditure under any other provision of the Act, establishing an exclusive timing regime for tax recognition of voluntary retirement payments. Act-Rules F. Acts / Amendment Acts Tue, 25 Feb 2025 11:45:14 +0530 https://www.taxtmi.com/acts?id=49781