08 April 2009
Whether expenses incurred on increase in authorised capital / Incorporation expenses of ROC are allowable to the extent of 20% or not? Further what AS-29 says about such expenses?
08 April 2009
Fee to ROC for increasing capital can be deducted u/s 35D. Citation:- Punjab State Industrial Development Corporation Ltd 225 ITR 792 (SC).
09 April 2009
What do you mean by now? Wheter earlier these expenses were treated as intangible assets? Please answer with peculiarity ,this question is confusing me a lot