In the case of an assessee company, which is engaged in the ...

Life Insurance Company Can Deduct Share Capital Increase Costs as Revenue Expenditure.

January 4, 2014

Case Laws Income Tax AT

In the case of an assessee company, which is engaged in the business of Life Insurance, the expenditure incurred with regard to increase in share capital is allowable as deduction by treating it as revenue in nature- AT

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In the case of an assessee company, which is engaged in the ...

Life Insurance Company Can Deduct Share Capital Increase Costs as Revenue Expenditure.

January 4, 2014

Case Laws Income Tax AT

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