Form_5 (roc)

This query is : Resolved 

21 January 2013 ROC fee paid for Form-5 (for increase in authorised capital)

where should this exp be shown in balance sheet

direct in profit & loss account
or
Preliminary expenses

Please advise

regards

21 January 2013 It should be treated as Capital Expenditure and can be amortised 1/5th every year.


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