https://www.taxtmi.com/acts?id=49784 The amendment adds a provision treating employer payments in lieu of employee leave as a specified deductible category and adjusts related proviso language. A clarificatory explanation prevents double deduction by providing that if a deduction for such leave payment was allowed when the liability arose in an earlier previous year, no deduction is allowable under the amended provision when the sum is subsequently paid. en-us Tue, 25 Feb 2025 12:05:49 +0530 Tue, 25 Feb 2025 12:05:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=49784 The amendment adds a provision treating employer payments in lieu of employee leave as a specified deductible category and adjusts related proviso language. A clarificatory explanation prevents double deduction by providing that if a deduction for such leave payment was allowed when the liability arose in an earlier previous year, no deduction is allowable under the amended provision when the sum is subsequently paid. Act-Rules F. Acts / Amendment Acts Tue, 25 Feb 2025 12:05:49 +0530 https://www.taxtmi.com/acts?id=49784