Whether input tax credit is allowed on expenses incurred in relation to issue of share capital ?
Issue Favourable to Tax Payer ?:- yes
Held - All the facts of the case and the submissions of both the sides have been carefully considered. It is observed that as the definition of Rul.....
Issue Favourable to Tax Payer ?:- yes
Held - In this case, the services are clearly covered by inclusive part of the definition which covers financing as one of the headings under which.....