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of <h1>Immediate full capital expenditure deduction for specified businesses with anti-avoidance limits, exclusions, and eight-year recapture rule</h1> The provision permits an elective immediate full deduction of capital expenditure 'wholly and exclusively' for listed specified businesses in the year of incurrence (or year of commencement for pre-capitalised expenditure), subject to anti-avoidance conditions (no splitting/reconstruction; no transfer of previously used plant except limited 20% de minimis), sector-specific ownership/approval and common-carrier requirements, eight-year exclusive-use recapture (with depreciation adjustment), exclusions for cash payments over Rs.10,000 and for land/goodwill/financial instruments, and displacement of certain other deductions; key enacted-versus-introduced differences include narrower cross-reference exclusions, altered procedural section citations, and variations in the definition/notification wording for infrastructure and certain industries.
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