accounting entry of ROC Fees

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seema wadhwa (Querist)
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07 May 2011 when a company pay roc fees like filing fees of annual accounts and any other roc fees then how we do its accounting treatment in books

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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07 May 2011 Filing Fees A/c Dr...(Indirect Exp)
To Cash/ Bank A/c....

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CA Ravi Sisodia

CA Ravi Sisodia (Expert)
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07 May 2011 legal fee a/c Dr.
To cash/bank a/c

CA Navin Jain

CA Navin Jain (Expert)
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07 May 2011

Treatment of fee paid to ROC on enhancement of Authorised Capital

it should be debited to P/L account. Alternatively same can be treated deferred expenses. Further
as per IT Act it is disallowed expenses as same is capital expenses in nature. (as held by Court in
a similar case)

CA KRISHNA KUMAR DARUKA

CA KRISHNA KUMAR DARUKA (Expert)
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08 May 2011 I do not agree with the deferred revenue expenditure concept as AS 26 requires these type of expenses to be written off in the year of incurring.

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