Expenditure by an employer on promoting family planning among employees is deductible under the…
The specific deduction for promoting family planning among employees is available to a company only. The Income-tax Act, 2025 confines this allowance to expenditure incurred…
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Expenditure by an employer on promoting family planning among employees is deductible under the Income-tax Act, 2025 under the head ‘Profits and gains of business or profession’ for which of the following assessees?
Answer and explanation
Correct answer B
The specific deduction for promoting family planning among employees is available to a company only. The Income-tax Act, 2025 confines this allowance to expenditure incurred by a company, rather than granting it to every category of employer.
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West Bengal SET (WB SET)