EARLIER

Deduction Available as follows

Expenditure on

Approved Company

Normal Business

Land

(No Deduction)

(No Deduction)

Building

100%

100%

Other Expenses (Revenue Expenditure

or Capital Expenditure)

200%

100%


Now

Expenditure

Approved Company

Normal Business

Land

(No Deduction)

(No Deduction)

Building

100%

100%

Other Expenses (Revenue Expenditure

or Capital Expenditure)

150%

(FY 2017-18 to FY 2019-20)

100%

(FY 2020-21 to FY 2021-22)

100%

  1. Income Tax
  2. Amendments Income Tax for May 2017 Exams
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About the Author

Davneet Singh's photo - Teacher, Computer Engineer, Marketer
Davneet Singh
Davneet Singh is a graduate from Indian Institute of Technology, Kanpur. He has been teaching from the past 8 years. He provides courses for Maths and Science at Teachoo. You can check his NCERT Solutions from Class 6 to 12.