Stamping and ROC fees for increasing authorized share capital are non-deductible u/s 37 of the Income Tax Act.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Deduction u/s 37 - Stamping fee and ROC fee for increase in authorized share capital - these expenses cannot be said to be expenses in connection with right issue and public issue, and therefore these expenses are to be disallowed - AT....