30 December 2010
IF share issue expenses adjusted against share premium and not debited to profit and loss account, whether deduction u/s 35D can be claimed for such expenses
30 December 2010
If you see the format of tax audit for claiming deduction u/s 35D there are two clauses, 1. debited to P & L A/c and 2. Not debited to P & L A/c.