1.

Expenditure incurred by a company for the purpose of promoting family planningamong 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


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