Amortisation of expenditure incurred under Voluntary Retirement scheme - Section 35DDA

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..... ment, 1/5 th of the amount so paid shall be allowed as deduction for 5 years. The deduction shall be allowed from the previous year in which actual payment is made. The deduction shall be allowed even if the amount paid to employee after voluntary retirement. Where the assessee, being an Indian company, is entitled to the deduction under this is transferred (whether by way of amalgamation, demerge .....

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