Expenditure not to be allowed as deduction
17. (1) In computing the total income for any financial year, the following shall not be allowed as a deduction, namely:-
(a) any expenditure attributable to income which does not form part of the total income under this Code and determined in accordance with the method as may be prescribed;
(b) any amount which has been allowed as a deduction in any preceeding financial year;
(c) any expenditure incurred for any purpose which is an offence or which is prohibited by law;
(d) any provision made by the person for any liability if the liability remains unascertained by the end of the financial year; and
(e) any expenditure referred to in clause (o) of sub-section (2) of section 56.
(2) Any amount allowed as a deduction under any provision of this Code shall not be allowed as a deduction under any other provision of this Code.
(3) The provisions of this section shall apply regardless of anything to the contrary contained in any other provisions of this Chapter.
