Exp to increase authorised share capital
This query is : Resolved
Avinash Nangalia
(Querist)
12 October 2013
What is the logic behind disallowing exp to increase authorised share capital?
CA Vijeta Verma
(Expert)
12 October 2013
They are capital in nature as they increase the overall capital base of the company
Ganeshbabu K
(Expert)
12 October 2013
Yes,, it is dislloawed because of capital in nature...
however if there is no fresh infusion of capital,,means share capital issued or bonus shares issued,,in such case expences paid to ROC for increase in share capital is allowed as it is considered as revenue expences
.
.
So refer to facts of case and decide on disallowance/allowance
.
.
Refer below link..will be useful
https://www.caclubindia.com/judiciary/fees-paid-to-the-roc-are-revenue-expenditure-2003.asp#.UllLlFCnqWZ
however if there is no fresh infusion of capital,,means share capital issued or bonus shares issued,,in such case expences paid to ROC for increase in share capital is allowed as it is considered as revenue expences
.
.
So refer to facts of case and decide on disallowance/allowance
.
.
Refer below link..will be useful
https://www.caclubindia.com/judiciary/fees-paid-to-the-roc-are-revenue-expenditure-2003.asp#.UllLlFCnqWZ
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Taxation of crypto futures in India Fy 2026- 2027
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- EPF ECR NEW RULES Sep 17th 2026
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
