Amount paid towards membership stcok exchange

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executive
36 Points Posted on 04 July 2011
hi,



i have one doubt relating to Tax



is amount paid towards membership of stock exchange is eligible for Depreciation or not..

please help in regards to this
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Thanks & regards

Sunilkumar

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On 04 July 2011 at 16:13 Report
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Accounts Manager - Taxation
1771 Points Posted on 04 July 2011

It is revenue exp. not a asset so not elegible for depreciation.

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On 04 July 2011 at 16:24
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Mcom CA Final
122 Points Posted on 04 July 2011

No u can't

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On 04 July 2011 at 23:34

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