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
120 tpa by installation of
additional plant and machinery. The cost
of this phase, including construction of a
modern administration block at Cuddalore,
is estimated at Rs.286 lakhs.”
6.
The assessee incurred a sum of Rs.45,51,890/- towards
the aforesaid share issue expenses and claimed 1/10th of
the aforesaid share issue expenses each year under
Section
