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Income Tax - Highlights / Catch Notes

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Disallowance of expenditure u/s 35D - As the fee paid for ...


Fees for Increasing Share Capital Not Amortizable u/s 35D(2)(c)(iii) of Income Tax Act.

October 25, 2012

Case Laws     Income Tax     AT

Disallowance of expenditure u/s 35D - As the fee paid for increase in share capital is not fee for registration of company and hence is not amortised even u/s 35D(2)(c)(iii) - AT

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