whether ROC exp incurred for extension of Authorised capital admissible u/s 35D of IT Act 1961????
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35D
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Fees paid for increase in share capital is not deductible - Under section 35D(2)(c)(iii) of the Act, only fees paid for registration of a company is deductible. Fees paid for increase in share capital is not fees for registration of the company, and hence is not amortisable under this provision - CIT v. Hindustan Insecticides Ltd. [2001] 250 ITR 338 (Delhi).
Hope so your doubt is clarified
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