SEBI and ROC fees is it Allowable under Sec 35D or u/s 37

This query is : Resolved

bhhasskar borggohain (Querist)
Follow

08 June 2011 Dear Sir

my client has paid Rs.250000 as ROC fees for increase of Share Capital
Also he has paid Rs.11 lac for PMS regn fees.

whether or not these will be allowable under any sec of IT act?

Vivek Mehta (CA, DISA,CS, MBA)

Vivek Mehta (CA, DISA,CS, MBA) (Expert)
Follow

08 June 2011 The fee paid of Rs. 2.5 lacs shall not be allowed as deduction until n unless the fees paid for increase of share capital is on account of issue of Bonus Share...

bhhasskar borggohain

bhhasskar borggohain (Querist)
Follow

09 June 2011 Thank you so much sir

But could you also answer the next part of the querry?
whether Fees paid top SEBI for Registration of Portfolio management Service for 3 years, will be allowable u/s 37?