Is filing fees for e Form 2 towards allotment of shares a revenue expenditure or capital expenditure for income tax purposes? Reasons may be given.
Is filing fees for e Form 2 towards allotment of shares a revenue expenditure or capital expenditure for income tax purposes? Reasons may be given.
Hi, I am of the opinion that it must be added in the cost of shares being as per decided in the case law ,that all expenditure incurred to get legitimate title is a capital expenditure , must form part of cost of acquisition.
It is a capital expenditure :)
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