Menu
expenditure incurred in connection with the buyback
whether expenditure incurred in connection with the buyback is allowable as expenditure under profit or gains from business profession For instance expenses for documents ,legal expenses
Replies (1)
Yes. Such expenses will be allowed. Refer the case of Britannia Industries Limited ITA No. 1789/Kol/2008
Recent Threads
- Can I set off equity losses(both short term loss a
- Input tax credit on rent to rent
- Family Pension Army
- Waste Management services
- Seeking Clarity: New Transport Allowance Limits (D
- Query regarding Consolidated Gift Deed for Bank Tr
- TDS u/s194IB - Joint Ownership
- Free GST Reconciliation Tool in Google Sheets R
- NRI return after due date refund case
- TDS u/s 194J - training honorarium
Related Threads
CAclubindia
