Capital expenditure


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Querist : Anonymous

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Querist : Anonymous (Querist)
30 April 2012 Is expenditure incurred for increase in the authorised capital is a capital expenditure?

30 April 2012 Yes. More number of case laws are on the side of CAPITAL Expenditure.

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Querist : Anonymous

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30 April 2012 Thank you very much Sir. Please let me know if 1/5th can be amortized in Income Tax U/s 35D.


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