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Income Tax - Highlights / Catch Notes

Home Highlights September 2016 Year 2016 This

The expenditure incurred by the assessee on conversion of ...


High Court Rules Conversion of Convertible Debentures to Equity Shares as Capital Expenditure for Tax Purposes.

September 29, 2016

Case Laws     Income Tax     HC

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

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