apply in relation to an asset representing expenditure of a capital nature for the purposes of promoting family planning as they apply in relation ... first century; ] (xii) [ any expenditure (not being in the nature of capital expenditure) incurred by a corporation or a body corporate, by whatever name called
assessee holds a lease or other right of occupancy and any capital expenditure is incurred by the assessee for the purposes of the business
Income Tax Act, 1961
37. General.
(1) Any expenditure (not being expenditure of the nature described in sections 30 to 36 [* * *] [ Certain words omitted ... being in the nature of capital expenditure or personal expenses of the assessee), laid out or expended wholly and exclusively for the purposes
shall be computed after allowing deduction for the expenditure (other than capital expenditure) incurred in India, for the objects of the trust or institution, subject
clause (a), shall not include any expenditure in the nature of capital expenditure.] [ Inserted by Act 32 of 2003, Section
respect of expenditure on scientific research, the following deductions shall be allowed- (i) any expenditure (not being in the nature of capital expenditure) laid ... section (1),— (i) in a case where such capital expenditure is incurred before the 1st day of April, 1967, one-fifth of the capital expenditure
expended any expenditure (not being in the nature of capital expenditure) wholly and exclusively for the welfare of the employees of the assessee referred
Where an asset representing expenditure of a capital nature on scientific research within the meaning of [clause (iv) of sub-section (1), or clause ... Schedule III (w.e.f. 1.4.1968).] exceed the amount of the capital expenditure, the excess or the amount of the deductions so made, whichever
death;] (iii) any other expenditure (not being in the nature of capital expenditure) laid out or expended wholly and exclusively for the purpose of making
respect of allowance on account of depreciation or capital expenditure on scientific research, the provisions of sub-section (2) of section 72 shall apply ... chargeable under the heads "Interest on securities", "Income from house property", "Capital gains" and "Income from other sources"] [ Substituted by Act 11 of 1987, Section
