HI,
Whether stamp duty paid by company on issue of shares (in response to request of rematerialisation by share holder) is an expense allowable under income tax act or not.
Regards
Chandrashekhar Laddha
+91 99252 37250
Menu
Stamp Duty on issue of share - Disallowed
Replies (3)
this will be capitalised in the value of capital...
Thanks Vivek.
But I don't want to know accounting treatment.
I am asking whether such expenditure by company will be an allowable expenditure under income tax act or not.
Thanks
when its the spending towards capitalization, where from the question arise of expense in P/L?
Recent Topics :
- Is it legally permissible not to report F&O lo
- Query on FCTRS
- APPLICABILITY AND BREAKDOWN OF GST COMPLIANCE ON S
- Advance for supply of goods
- Question for members: how do you manage client doc
- Clarification Required on Invoicing and Receipt of
- SEBI Registered VS NSDL Registered RTA
- Income tax or capital gain tax for Resident Indivi
- PCIT-1 Thane Email address
- CA Fees deduction for non audit case allowed?
Related Topics :
CAclubindia
