Allowability of bond issue expenses - The expenses are having ...

Bond Issue Expenses Not Allowable as Revenue Expenditure u/s 37(1); Assess Applicability of Section 35D(1)(ii) Deduction.

November 8, 2016

Case Laws Income Tax AT

Allowability of bond issue expenses - The expenses are having definite role in reorganizing the company and thus played a role in enhancing the value of the company. - the bond issue expenses in the case of the assessee are not allowable u/s 37(1) of the Act as revenue expenditure - Deduction u/s 35D(1)(ii) to be examined by the AO - AT

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Allowability of bond issue expenses - The expenses are having ...

Bond Issue Expenses Not Allowable as Revenue Expenditure u/s 37(1); Assess Applicability of Section 35D(1)(ii) Deduction.

November 8, 2016

Case Laws Income Tax AT

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