AAR held that, expenses incurred towards fees for computerization of share certificates in order to transfer them to escrow account is allowable as deduction .
Honda Motors Co. Ltd., In re (2018) 401 ITR 382/253 Taxman 402/ 301 CTR 159/ 163 DTR 113 (AAR)
S.48:Capital gains – Computation – Expenses incurred towards fees for computerization of share certificates in order to transfer them to escrow account is allowable as deduction .[ S.45, 112 ]