Home > Income Tax Act 2025 > Section-44Last Updated: Feb 21st 2025
Section-44 for amortisation of certain preliminary expenses insured by specified businesses before commencement of such businesses. Learn to understand the section-44 as it is, it's help and useful links to follow.
Here onwards, "Act" refers to "Income Tax Act 2025"
the assessee shall be allowed a deduction of an amount equal to one-fifth of such expenditure for each of the five successive tax years beginning with—
Disclaimer: This article provides an overview and general guidance, not exhaustive for brevity. Please refer Income Tax Act, GST Act, Companies Act and other tax compliance acts, Rules, and Notifications for details.