Dear All
Thanks in Advance
Recently we increased our share capital for that we spend some Money for Documetation charges in ROC.Under Which Head I book this Amount for Accounting purpose? Can i treat this as Capital Expenditure or Revenue expenditure?
Immediate reply will help to resolve the isssue.
Share issue expenses should be booked as Deferred revenue expenditure & w/off over a reasonable period e.g. 5 yrs. Therefore treat as above & booked under " misc. expenditure" in aseets side of balance sheet
T R SOOD & CO
New Delhi
CA Inter
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SMJ global advisors pvt ltd
New Delhi
B.Com
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Vardhaman Group of India
Pimpri Chinchwad
CA Inter
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SMJ global advisors pvt ltd
New Delhi
B.Com
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CAclubindia
