09 April 2009
How we should treat exp. related to increase in authorised capital . whether we can treat as preliminary exp. and write off in 5 years or we should treat as roc expenses and in computation disallowed them .
09 April 2009
and if its not covered under sec. 35D than it will be capital exp. and will be disallowed as per supreme court judgement in case of punjab state industrial development corporation ltd. V/S CIT
CAclubindia
