Share application money cannot be equated with share capital and ...

Interest on Share Application Money Awaiting Allotment is Allowable as Revenue Expenditure, Distinct from Share Capital.

July 7, 2016

Case Laws Income Tax AT

Share application money cannot be equated with share capital and interest paid on share application money pending its allotment is allowable as revenue expenditure

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Share application money cannot be equated with share capital and ...

Interest on Share Application Money Awaiting Allotment is Allowable as Revenue Expenditure, Distinct from Share Capital.

July 7, 2016

Case Laws Income Tax AT

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