Expenditure incurred by a company for the purpose of promoting family planning among its employees, being of a capital nature

4/5 of expenditure is allowed as deduction in 4 equal installments in 4 years after the previous year

Allowed as deduction in 4 equal installments in 4 years

1/5 of expenditure is allowed as deduction in the previous year

Expenditure incurred by a company for the purpose of promoting family

1.	Expenditure incurred by a company for the purpose of promoting family planning among its employees, being of a capital nature
A.	Is not allowed as a deduction
B.	Allowed as deduction in 4 equal installments in 4 years
C.	1/5 of expenditure is allowed as deduction in the previous year
D.	4/5 of expenditure is allowed as deduction in 4 equal installments in 4 years after the previous year
Answer» D. 4/5 of expenditure is allowed as deduction in 4 equal installments in 4 years after the previous year