Section 36(1)(ix) - Expenditure on promotion of family planning

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Full Text of the Document

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.... incurred. * However, capital expenditure shall be allowed as deduction in 5 years in equal installments. Notes:- * No deduction is available u/s 36(1)(ix) in the case of non-corporate assessee. A non-corporate assessee may claim deduction under section 32 and 37(1) if relevant conditions satisfied. * Where profits of the business are not sufficient to absorb any capital or revenue expendit....