Easy Office
Easy Office

Deduction u/s 35D

This query is : Resolved 
Profile Image

Profile Image

(Querist)
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
Profile Image

Aditya Maheshwari

Profile Image

Aditya Maheshwari (Expert)
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.

So i think u can claim if eligible u/s 35D.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links