
Income Tax (Deduction for Expenditure on Industry4wrd Readiness AST) (Amendment) Rules 2021
Updated: May 1
Income Tax (Deduction for Expenditure on Industry4wrd Readiness Assessment) (Amendment) Rules 2021
P.U.(A) 272 - The Income Tax (Deduction for Expenditure on Industry4WRD Readiness Assessment) Rules 2020 - 21 September 2020
P.U.(A) 325 - Income Tax (Deduction for Expenditure on Industry4wrd Readiness Assessment) (Amendment) Rules 2021 - 2 August 2021
1) Tax incentives have been announced as part of the Budget 2019 to encourage businesses to work toward reaching Industry4WRD. 2) One of the incentives relates to allowing the deduction for fee expenses incurred on Industry4WRD Readiness Assessment. 3)This incentive is provided under the Income Tax (Deduction for Expenditure on Industry4WRD Readiness Assessment) Rules 2020 with the extension under Income Tax (Deduction for Expenditure on Industry4WRD Readiness Assessment) (Amendment) Rules 2021 effective from YA 2019 to YA 2026。



