https://www.taxtmi.com/highlights?id=30322 Since assessee has incurred the expenditure on issue of convertible debenture, which is directly related to the expansion of capital base of the company, such expenditure is to be treated as capital expenditure. - AT en-us Fri, 15 Jul 2016 11:54:20 +0530 Fri, 15 Jul 2016 11:54:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=30322 Since assessee has incurred the expenditure on issue of convertible debenture, which is directly related to the expansion of capital base of the company, such expenditure is to be treated as capital expenditure. - AT Highlights Income Tax Fri, 15 Jul 2016 11:54:20 +0530 https://www.taxtmi.com/highlights?id=30322