An already established company allots further shares within its existing authorised capital - whether the professional and legal expenses incurred on share valuation, allotment & compliance filing should be capitalised?
An already established company allots further shares within its existing authorised capital - whether the professional and legal expenses incurred on share valuation, allotment & compliance filing should be capitalised?
As per AS 26, para 56 such expense cannot be capitalised and shall be treated as expense in the year of incurrence
SMJ global advisors pvt ltd
New Delhi
B.Com
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SMJ global advisors pvt ltd
New Delhi
B.Com
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Karia Overseas
Ahmedabad
CA
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