- Applicability: The assessee should be an Indian Company.
- Deduction: Expenditure incurred for the purpose of amalgamation or de-merger will be allowed as a deduction in 5 equal installments commencing from the previous year in which amalgamation or de-merger took place. Such expenditure will not be allowed as deduction under any other provisions of the Act.
- Maximum limit: There is no maximum ceiling limit for expenditure.
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