https://www.taxtmi.com/caselaws?id=14955 Fees paid to the Registrar of Companies for increasing a company's authorised capital were held to be capital expenditure, not deductible as revenue expenditure. The Madras High Court followed the later binding Supreme Court ruling that expenditure incurred in connection with enhancement of authorised capital is capital in nature, which displaced the earlier contrary view. On that basis, the question was answered in the negative and the issue was decided in favour of the Revenue. en-us Thu, 30 Mar 2000 00:00:00 +0530 Mon, 27 Jul 2009 12:51:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14955 Fees paid to the Registrar of Companies for increasing a company's authorised capital were held to be capital expenditure, not deductible as revenue expenditure. The Madras High Court followed the later binding Supreme Court ruling that expenditure incurred in connection with enhancement of authorised capital is capital in nature, which displaced the earlier contrary view. On that basis, the question was answered in the negative and the issue was decided in favour of the Revenue. Case-Laws Income Tax Thu, 30 Mar 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14955