Cost of Acquistion of investment in Shares - Capitalization of ...

Case Laws Income Tax

July 13, 2023

Cost of Acquistion of investment in Shares - Capitalization of interest expenses - Borrowing cost - Accounting Standard 16 - When in the years under consideration there is no taxable event that is adversely affected by the capitalization of interest by the assessee in the books of accounts, the CIT(A) / AO cannot hold that the interest capitalized cannot be part of the cost of acquisition. - AT

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Cost of Acquistion of investment in Shares - Capitalization of ...

Case Laws Income Tax

July 13, 2023

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