Disallowance being 1/10th Global Depository Receipts - whether ...

Case Laws Income Tax

March 28, 2016

Disallowance being 1/10th Global Depository Receipts - whether the GDR is nothing but increase in the capital and expenses relating to the same is capital in nature? - Section 35D(2)(iv) categorically deals with the expenses in connection with the issue, or public subscription of shares and debentures of the Company. - grievance of the AO is ill conceived - AT

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Disallowance being 1/10th Global Depository Receipts - whether ...

Case Laws Income Tax

March 28, 2016

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