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2015 (3) TMI 314 - AT - Income TaxClaim of revenue expenditure - Registration fees paid Registrar of Companies to Registrar of Companies, Stamp duty, Filing fees of Form 5 for increase in share capital and Miscellaneous Expenses - these expenses were debited by the assessee under the head Miscellaneous expenditure in its profit & Loss A/c and on the same the assessee has claimed 1/5th deduction u/s. 35D - Held that:- In the present day scenario, the authorized/paid up capital is not static and can also be reduced as per provisions of the Companies Act. Considering the judicial analysis discussed elsewhere in the light of the factual matrix of the balance sheet, in our understanding of the law and the facts of the case in hand, we allow the additional plea raised by the assessee before us and direct the AO to treat the expenditure of ₹ 3,50,00,858/- as revenue expenditure. - Decided in favour of assessee.
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