Dear professional Collegues
For A Company to avail Deduction under sec 35D of It act, do we need to consider Share applicaton money for calculation of Capital employed, ?
jay Kumar M Shah (CA) (41 Points)
17 May 2009Dear professional Collegues
For A Company to avail Deduction under sec 35D of It act, do we need to consider Share applicaton money for calculation of Capital employed, ?
PiyushAgrawal
(Chartered acooutant in practice)
(575 Points)
Replied 18 May 2009
i think it shud be include..