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Stamp duty

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(Querist)
02 December 2012 Can stamp duty paid on issue of commercial paper by corporate be charged to Finance Cost?
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
03 December 2012 Stamp duty shall be charged to legal charges and not to finance cost.
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Tilak saboo

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Tilak saboo (Querist)
07 December 2012 But as per the guidance note on revised schedule VI, the definition of Finance cost says that "any cost incurred for raising finance should be treated as finance cost."
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