Expenses - increase in authorised capital - section 35D

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....xpenses - increase in authorised capital - section 35D<br> Query (Issue) Started By: - Anup Kumar Grover Dated:- 16-10-2009 Last Reply Date:- 22-10-2009 Income Tax<br>Got 2 Replies<br>Income Tax<br>Wh....

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....ether expenses incurred on increase in authorised capital by an NBFC, allowable under section 35D or not? Reply By Rama Krishana: The Reply: No, you are not entitled to calim the deduction under sec....

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....tion 35D for expenses incurred on increase in authorized capital by an NBFC - Decision of Madaras High Court may be referred to - http://www.taxmanagementindia.com/visitor/detail_case_laws.asp?ID=3321....

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....7 Reply By Rama Krishana: The Reply: Further you may visit to following case law - http://www.taxmanagementindia.com/visitor/detail_case_laws.asp?ID=12655<br> Discussion Forum - Knowledge Sharing ....