Share issue exps can be sett off against Securities Premium but whether Exps for increase in authorised capital can set off against Securities premium ?
Menu
Sec Premium
Replies (2)
No Expenses incurred for increasing the Authorised Capital can not be Setoff from Securities Premium.
Rather the expense will not be allowable expense under Income Tax .
Recent Threads
- Heard & Seen Around – Your Daily Economi
- Gst interest and penalty doubts regarding missing
- Import of goods IMS telated
- ITR 6 submitting Problem
- Partnership Firm Closure Process
- Why the Costing Department Is Important ?
- Difference in efiling portal and intimation order
- Income tax challan correction
- AGM WITH SHORTER NOTICE
- 15CA/15CB Bulk Filing Automation Tool – Need
Related Threads
CAclubindia
