Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2001 (2) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2001 (2) TMI 865 - AT - Income TaxExtract: ....... the Hon rsquo ble Supreme Court. We respectfully following the aforementioned decision of the Bombay High Court, hold that the fee paid to Registrar of Companies in connection with issue of bonus shares qualifies for deduction as the revenue expenditure. The addition is accordingly, deleted. 7. In the result, the appeal of the assessee is allowed.
|