To increase authorise share capital whatever expenses incur in it, in which head of balance sheet those expenses include and why?
Thanx in adv.
CA Rohit Dhingra
(Job)
(50 Points)
Replied 17 August 2011
These are the capital expenditure
As per recent case laws if there is an inflow of capital than any expenses incurred on it is treated as capital expenditure.
CA Saiyum khan
(Practicing CA)
(685 Points)
Replied 18 August 2011
Cost of increase in authorised capital may be differed looking to the materiality aspects.
Monika
(CS-Professional)
(24 Points)
Replied 18 August 2011
It will be treated as capital expenditure
CAclubindia
