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[Cites 0, Cited by 0] [Section 52] [Entire Act]

Union of India - Subsection

Section 52(1) in The Income Tax Act, 2025

(1)Where an expenditure of the nature specified in column B of the Table given below is incurred during the tax year, a deduction or part thereof shall be allowed in equal instalments in each of the successive tax years as mentioned in column D of the said Table, beginning from the initial tax year specified in column C thereof.Table
Sl. No.Nature of expenditureInitial tax yearNumber of tax years over which deduction of expenditure is allowable in equal instalments
ABCD
1.Expenditure incurred by an Indian company, wholly and exclusively for the purposes of amalgamation or demerger of an undertaking.Tax year in which such amalgamation or demerger takes place.Five tax years.
2.Amount paid to an employee in connection with his voluntary retirement as per any scheme of voluntary retirement.Tax year in which such payment is made.Five tax years.
3.Capital expenditure incurred and actually paid for acquiring any right to use spectrum for telecommunication services (spectrum fee).Tax year in which, —(a) the business to operate telecom services is commenced; or(b) spectrum fee is actually paid,whichever is later.Number of years commencing from the initial tax year and ending in the tax year up to which the spectrum for which the fee is paid remains in force.
4.Capital expenditure incurred and actually paid for acquiring any right to operate telecommunication services (herein referred to as licence fee).Tax year in which, —(a) the business to operate telecom services is commenced; or(b) licence fee is actually paid,whichever is later.Number of years commencing from the initial tax year and ending in the tax year up to which the licence for which the fee is paid remains in force.