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of <h1>Income Tax Bill 2025: Clause 46 Boosts Investments with Full Capital Expenditure Deduction for New Projects</h1> Clause 46 of the Income Tax Bill, 2025, aims to incentivize investment in specified businesses by allowing full deduction of capital expenditure in the year it is incurred. It targets sectors like infrastructure, healthcare, and hospitality, aligning with government objectives for economic growth. The clause prohibits deductions if previously used machinery is involved and requires compliance with specific conditions, such as regulatory approvals. Compared to Section 35AD of the Income-tax Act, 1961, Clause 46 offers broader scope and detailed conditions, reflecting updated policy priorities. Businesses must adhere to these conditions to benefit from the tax incentives and stimulate economic activity.
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