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Income Tax - Highlights / Catch Notes

Home Highlights August 2013 Year 2013 This

Deduction u/s 37 - Stamping fee and ROC fee for increase in ...


Stamping and ROC fees for increasing authorized share capital are non-deductible u/s 37 of the Income Tax Act.

August 30, 2013

Case Laws     Income Tax     AT

Deduction u/s 37 - Stamping fee and ROC fee for increase in authorized share capital - these expenses cannot be said to be expenses in connection with right issue and public issue, and therefore these expenses are to be disallowed - AT

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