Expenditure on promotion of family planning - (New) section 32(i) / (Old) Section 36(1)(ix)

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....ning among employees is allowed as a deduction while computing business income under section 26. This is a social welfare-oriented provision, encouraging companies to support population control and employee well-being, subject to the following conditions:- • (A) if such expenditure or any part of it is of capital nature, it is amortized over 5 years: • 1/5th ....

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....ps, training, distribution of materials, etc. Under Section 36(1)(ix) of the Income Tax Act, 1961 [ Upto 31.03.2026 ] • Any revenue expenditure bona fide incurred by a company for the purposes of promoting family planning amongst its employees is allowed as deduction in the year in which it is incurred. • However, capital expenditure shall be allowed as deduc....