03 August 2009
Whether there is any distinction between capital & revenue expenditure in respect of roc filing fees. i.e. Fees paid for increase in Authorised share capital
03 August 2009
Whether there is any distinction between capital & revenue expenditure in respect of roc filing fees. i.e. Fees paid for increase in Authorised share capital
24 November 2011
The expenditure incurred in connection with the raising of the authorised capital was held to be capital expenditure by the Hon AP High Court in Vazirsultan Tobacco Co ltd V CIT (1988) 174 I 689(AP) which was approved by the Hon Supreme court in Punjab state Industri Development Corporation V CIT (1997)225 ITR 792(SC).