Company's Demutualization Expenses Classified as Capital Expenditures, Expanding Capital Base to Meet SEBI Requirements.

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....Capital expenditure or Revenue expenditure - Demutualization expenses - It is true that such expansion of the capital base of the company was required to fulfill the requirements of SEBI but still the fact remains that the expenditure has resulted into expansion of the capital base of the assessee company - Held as capital expenditure - AT....