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Income Tax - Highlights / Catch Notes

Home Highlights January 2015 Year 2015 This

Fee paid to ROC - Expenditure incurred by a company in ...

Case Laws     Income Tax

January 27, 2015

Fee paid to ROC - Expenditure incurred by a company in connection with issue of share with a view to increase its share capital, is directly related to the expansion of the capital base of the company, and is capital expenditure - even though it may incidentally help in the business of the company and in the profit making. - AT

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