The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) in DCIT v. M/s. Mercury Projects held that the amount paid to ROC for the enhancement of authorized share capital is not deductible from the total income under the provisions of the Income Tax Act,1961. Assessee- company engaged in the business of supply and trading […]
The post IT Deduction not available to Payment to ROC for Enhancement of Authorized Share Capital: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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