Since assessee has incurred the expenditure on issue of ...

Income Tax

July 15, 2016

Since assessee has incurred the expenditure on issue of convertible debenture, which is directly related to the expansion of capital base of the company, such expenditure is to be treated as capital expenditure. - AT

View Source

← Previous Next →

Since assessee has incurred the expenditure on issue of ...

Income Tax

July 15, 2016

You may also like:

Revenue v/s capital expenditure - , the expenditure incurred by the assessee on conversion of convertible debentures into equity shares has to be treated as capital...

Disallowance of pre-operating expense for a “Mawa Project” - revenue v/s capital expenditure - expenditure incurred for expansion of the dairy business of the assessee -...

The expenditure incurred by the assessee on conversion of convertible debentures into equity shares would have to be treated as capital expenditure - HC

Fee paid to ROC - Expenditure incurred by a company in connection with issue of share with a view to increase its share capital, is directly related to the expansion of...

The expenditure is incurred for the purpose of expansion of capital and therefore cannot be treated as revenue expenditure. - AT

Premium paid on redemption of debentures – capital expenditure vs revenue expenditure -actual premium paid upon the redemption of the debentures would have to be...

Capital expenditure or Revenue expenditure - Demutualization expenses - It is true that such expansion of the capital base of the company was required to fulfill the...

Share issue expenses - Even though the assessee stated that this expenditure was incurred so as to improve the cash availability, yet, the fact remains that the...

Pre-operative expenses - where expenditure has been incurred in connection with issue of shares which are directly relatable to expansion to capital base of the company...

Nature of expenditure - assessee itself has capitalized in the financial statements to the expenditure incurred but the assessee has claimed it as a revenue expenditure...

Quick Updates: