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![Expenditure on Conversion of Convertible Debentures into Equity Shares is Capital in Nature: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/09/Expenditure-conversion-of-Convertible-Debentures-equity-shares-Capital-ITAT-Taxscan.jpg "Expenditure on Conversion of Convertible Debentures into Equity Shares is Capital in Nature: ITAT [Read Order]")
Expenditure on Conversion of Convertible Debentures into Equity Shares is 'Capital' in Nature: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench has held that the expenditure incurred on conversion of convertible debentures into equity...
![Indiabulls Housing Finance gets relief on NCD dues by Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/04/Indiabulls-Housing-Finance-Taxscan.jpeg "Indiabulls Housing Finance gets relief on NCD dues by Delhi HC [Read Order]")
![Entire expenses incurred on Non-convertible debentures are allowable as Deduction even If they are redeemable after 5 Years: ITAT Ahmedabad [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Non-Convertible-debuntures-Tax-Scan.jpg "Entire expenses incurred on Non-convertible debentures are allowable as Deduction even If they are redeemable after 5 Years: ITAT Ahmedabad [Read Order]")