M/S.SHASUN CHEMICALS AND DRUGS LTD. vs. COMMISSIONER OF INCOME TAX, CHENNAI
The appeals are allowed
C.A. No.-009611-009611 - 2016Supreme Court16 Sept 2016
Section 35D
10,000 equity shares of
Rs.10/- each for cash at a premium of Rs.30/- per share
aggregating to Rs.6,04,00,000/-.
5.
The aforesaid issue was opened for public
subscription during the financial year ending 31.03.1995
relevant to the Assessment Year 1995-96. The assessee
has, in the prospectus issued, clearly stated under the
column projects that the production
