us sec 35 d
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 September 2010
the company is a sectoin 25 company and trust u/s 12aa, weather preliminary exepenses include legal fees, conveyance, traveling expenses, repairs and maintainances etc.or not and weather we can amortize fully during the year or not if they are doing so, then is it allowed under income tax act, 1961
03 September 2010
Sec 35D Applies to Indian Company and all residents, Then this sec applies to Sec 25 Companies.
My observation if this provision applies then , ur bringing the provisions of PGBP further definition of charitable purpose also needs to be looked in. In which "Advancement of general public utility " will not be treated as Charitable purpose if it is commercial purpose.
My observation if this provision applies then , ur bringing the provisions of PGBP further definition of charitable purpose also needs to be looked in. In which "Advancement of general public utility " will not be treated as Charitable purpose if it is commercial purpose.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Soyabean hsn code and gst rate
- Treatment of Pension ?annuity returns on PMVY
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- TDS related Query_Liquidated Damages
- NON- SUBMISSION OF LLP FORM 3
- Long Term Service award taxability in hands of company
- Last year TDS Claim
- Form 27Q Correction statement taking too long to update on IT Portal
- ITR selection for salaries and capital gain less than L
- Showing Gift from relative in ITR for this year
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
