Income Tax Act 2023
Section 69 - Disallowance of Deduction in Certain Cases
(as updated till Finance Act 2024)
(1) Expenditure allowed in whole or in part against any asset under this Chapter in any income year shall not be allowed again against the same asset.
(2) The provisions of section 55 relating to limitation of admissible expenditure shall apply to such cases in this Chapter.
Disclaimer: This is the authentic English text of the Income Tax Act 2023, as published under SRO No. 404-Law/2025 dated 08 October 2025. In the event of any inconsistency or conflict between the content on this website and the official Government publications or gazette notifications relating to laws, rules, regulations or SROs, the official Government publications and notifications shall prevail.