The Company A increase the share capital and incurred the expense in the form of Stamp duty charges and registeration fees and fees paid to consultant for valuation of share etc.
whether expense incurred above whether it is revenue in nature or capital in nature?
If teh issue of shares increases the Capital base with the increase in resources then the expenditure incured can be deferred and can be claimed over a period as adopted by the management subject to the provisions of AS-26.
Saini Pati Shah & Co LLP, Chartered Accountants
Mumbai
CA Final
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AJAY SINGH AND CO LLP
Thane
CA Final
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Goodwin Pumps India Pvt Ltd
Chengalpattu
CA Inter
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CCI
Pro
CAclubindia
